| 2016-10-03 07:39:21|
MEOH 07:39 10/03 10/03/16
Methanex downgraded to Outperform from Strong Buy at Raymond James
Raymond James analyst Steve Hansen downgraded Methanex to Outperform from Strong Buy due to recent share strength. Hansen raised Methanex's price target to $40 from $37 to reflect the upturn in glboal methanol prices and improved cash flow visibility.