Al Rajhi Capital on Thursday reduced the price target for petrochemicals manufacturer Saudi Basic Industries (SASE:2010), d/b/a Sabic, to 51 Saudi riyals from 61 riyals, while keeping its neutral rating unchanged.
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Morgan Stanley on Wednesday lowered the price target for retail pharmacy and healthcare company Nahdi Medical (SASE:4164) to 112 Saudi riyals from 120 riyals, while maintaining its overweight rating.(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://finwires.com/en/contact)
Oddo BHF on Thursday upgraded semiconductor materials manufacturer Soitec (SOI.PA) to outperform from neutral and increased its price target to 175 euros from 150 euros.(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://finwires.com/en/contact)
SEB Bank on Thursday downgraded Norwegian energy company Equinor (EQNR.OL) to sell from hold, while reducing the price target to 356 Norwegian kroner from 375 kroner.(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://finwires.com/en/contact)