Scotiabank Upgrades Methanex to Sector Outperform, Raises Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Ben Isaacson has upgraded Methanex (NASDAQ:MEOH) from Sector Perform to Sector Outperform and raised the price target from $47 to $54.
October 30, 2023 | 1:09 pm
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Methanex's stock has been upgraded to Sector Outperform by Scotiabank, with a raised price target of $54.
The upgrade from Scotiabank indicates a positive outlook for Methanex. The raised price target suggests that the analyst believes the stock has potential for significant growth, which could lead to an increase in the stock's price in the short term.
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