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Fly News Breaks for May 23, 2018
MEOH
May 23, 2018 | 07:08 EDT
BMO Capital analyst Joel Jackson raised his price target on Methanex to $80, saying the company's outperformance will likely continue. The analyst expects methanol prices to remain flat-to-up in June after a 2%-4% rise in May amid the ongoing tightness in supply-demand. Jackson is also raising his Methanex expected free cash flow to $7.50-$8.00 from around $7 per share for FY18 based on the higher methanol price assumptions while keeping his Outperform rating on the stock.
News For MEOH From the Last 2 Days
MEOH
Apr 24, 2024 | 17:05 EDT
