Methanex (MEOH -4.8%) is downgraded to Market Perform with a reduced price target of $35, down...


Methanex (MEOH -4.8%) is downgraded to Market Perform with a reduced price target of $35, down from $42, at Raymond James. The firm cites signals suggesting Chinese and global economies are slowing, and stiff headwinds recently put forth by its U.S. energy team about the potential impact retreating oil prices will have on key industry indicators.

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