Raymond James Upgrades Methanex to Outperform, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Steve Hansen has upgraded Methanex (NASDAQ:MEOH) from Market Perform to Outperform and raised the price target from $50 to $60.
September 19, 2023 | 11:41 am
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Methanex's stock rating has been upgraded to Outperform by Raymond James, with a raised price target of $60.
The upgrade from Raymond James is a positive signal for Methanex. The raised price target indicates that the analyst believes the stock has potential for significant growth, which could attract investors and drive up the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100