08:33 AM EDT, 09/01/2026 (MT Newswires) -- AlphaMena on Tuesday downgraded welded steel pipes manufacturer Saudi Steel Pipe (SASE:1320) to reduce from add and kept its price target at 56.40 Saudi 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)

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