Barclays Maintains Overweight on Methanex, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Michael Leithead has maintained an Overweight rating on Methanex (NASDAQ:MEOH), but lowered the price target from $56 to $50.
July 11, 2023 | 10:41 am
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Barclays has maintained an Overweight rating on Methanex but lowered the price target from $56 to $50.
The news is directly about Methanex and is likely to impact its stock price. While the Overweight rating is positive, the lowering of the price target might have a neutral to slightly negative impact on the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100