Post by
jcjohn36 on Sep 10, 2024 8:20pm
Upgrade and a Downgrade- what to do !
Barclays’ Michael Leithead downgraded Methanex Corp. (MEOH-Q, MX-T) to “equal-weight” from “overweight” and dropped his target to US$44 from US$56, while Piper Sandler’s Charles Neivert increased his target to US$68 from US$51 with an “overweight” recommendation. The average on the Street is US$57.45.
Comment by
packerdriver on Sep 19, 2024 3:10pm
Well, it's up 10% in ten days!!! Good old MX...never caught it right a the bottom before. Always been good to me. Love it!
Comment by
jcjohn36 on Sep 24, 2024 9:17pm
Expected bounce off the bottom - thinly traded big moves either way. Dead money until the deal closes - I expect downward price pressure from insiders after lock up period ends. best, JC