RBC Capital Maintains Sector Perform on Methanex, Lowers Price Target to $45
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Nelson Ng has maintained a 'Sector Perform' rating on Methanex (NASDAQ:MEOH) and lowered the price target from $50 to $45.
June 29, 2023 | 2:29 pm
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NEGATIVE IMPACT
RBC Capital has maintained its 'Sector Perform' rating on Methanex and lowered the price target from $50 to $45.
The lowering of the price target by RBC Capital indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Methanex's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100