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HSBC Reduces Budget Saudi PT, Keeps Buy Rating
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08:35 AM EDT, 07/16/2026 (MT Newswires) -- HSBC on Wednesday reduced its price target for vehicle leasing and rental services company United International Transportation (SASE:4260), d/b/a Budget Saudi, to 45 Saudi riyals from 50 riyals, while maintaining its 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)
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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