AlphaMena Upgrades Al-Babtain Power and Telecommunication to Buy, Trims PT

08:39 AM EDT, 07/10/2026 (MT Newswires) -- AlphaMena on Friday upgraded Saudi Arabian power and telecommunications products company Al-Babtain Power and Telecommunication (SASE:2320) to buy from add and decreased its price target to 83.60 Saudi riyals from 84.70 riyals. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)