RBC Capital Maintains Sector Perform on Methanex, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Nelson Ng maintains Methanex (NASDAQ:MEOH) with a Sector Perform rating and lowers the price target from $55 to $50.
June 02, 2023 | 1:41 pm
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RBC Capital maintains Methanex with a Sector Perform rating and lowers the price target from $55 to $50.
The lowered price target from $55 to $50 by RBC Capital analyst Nelson Ng indicates a less optimistic outlook for Methanex's stock price in the short term. This may lead to a negative impact on the stock price as investors adjust their expectations.
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