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Fly News Breaks for July 28, 2017
MEOH
Jul 28, 2017 | 08:44 EDT
Cowen analyst Charles Neivert lowered his price target on Methanex to $55 from $60 as the company is likely to see a difficult earnings period over the next couple of quarters as increases in global supply will constrain a pricing recovery. Neivert is urging patience in building positions in Methanex but he maintained his Outperform rating on Methanex shares.
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