UBS Maintains Buy on Methanex, Lowers Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Joshua Spector maintains a Buy rating on Methanex (NASDAQ:MEOH) but lowers the price target from $58 to $54.
September 16, 2024 | 6:18 pm
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NEUTRAL IMPACT
UBS analyst Joshua Spector maintains a Buy rating on Methanex but lowers the price target from $58 to $54, indicating a slightly less optimistic outlook.
The maintained Buy rating suggests continued confidence in Methanex's performance, but the lowered price target indicates a slightly less optimistic view on its short-term valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100