Information Provided By:
Fly News Breaks for August 8, 2017
MEOH
Aug 8, 2017 | 08:39 EDT
Cowen analyst Charles Neivert believes Methanex is one of his best long-term ideas despite near and medium term challenges. The challenges lie in methanol pricing, which is negatively impacted by export oriented capacity. Neivert maintained his Outperform rating and $55 price target on Methanex shares.