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JPMorgan First Major Brokerage to Rate Saudi Aramco 'Overweight'

Newsmax Wednesday, 15 January 2020
JPMorgan is the first major brokerage to initiate coverage of Saudi Aramco with an "overweight," setting a price target of 37 riyals ($9.86) per share and saying it sees scope for an increase in the energy giant's proposed $75 billion base dividend.
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