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الاتحاد
Bernstein lifts ADNOC Distribution target
Bernstein, a subsidiary of Société Générale, has raised the target price for ADNOC Logistics and Services' stock to 8.39 AED, representing a 21% increase over the current price. The firm confirmed its optimistic outlook on the stock's performance and expects the shipping sector to improve in 2026, supported by rising oil tanker prices and increased production from new vessels under long-term contracts with ADNOC.
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