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Fly News Breaks for June 28, 2019
MEOH
Jun 28, 2019 | 07:36 EDT
BMO Capital analyst Joel Jackson lowered his price target for Methanex to $65 from $70 citing this week's reduction in posted methanol prices. The analyst, however, expects methanol prices to rebound through the end of 2020 "considering proximity to the cost curve in China." He keeps an Outperform rating on the shares.
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