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BofA gives Saudi Aramco 'neutral' rating, 36 riyal price target

BofA gives Saudi Aramco 'neutral' rating, 36 riyal price target

BofA Global Research started its coverage of Saudi Arabia's state oil giant Saudi Aramco with a 'neutral' rating on Wednesday, setting a price target of 36 riyals ($9.60) per share and saying its fundamentals were now "fully priced".