Arqaam Capital Reduces Al Rajhi Bank PT, Keeps Buy Rating

08:34 AM EDT, 10/13/2026 (MT Newswires) -- Arqaam Capital on Monday reduced its price target for Saudi Arabian lender Al Rajhi Banking and Investment (SASE:1120) to 73.40 Saudi riyals from 80.58 riyals, with an unchanged buy rating. (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)