AlphaMena Maintains Sabic at Add, Lowers PT

AlphaMena on Thursday decreased the price target for petrochemicals manufacturer Saudi Basic Industries (SASE:2010), d/b/a Sabic, to 62.20 Saudi riyals from 64.20 riyals, while affirming its add 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: )