Raymond James Maintains Outperform on Methanex, Lowers Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Steve Hansen maintains an Outperform rating on Methanex (NASDAQ:MEOH) but lowers the price target from $62 to $54.

September 11, 2024 | 12:59 pm
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Raymond James analyst Steve Hansen maintains an Outperform rating on Methanex but lowers the price target from $62 to $54, indicating a more cautious outlook.
The Outperform rating suggests continued confidence in Methanex's performance, but the lowered price target reflects a more cautious outlook, possibly due to market conditions or company-specific factors. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100