Methanex price target raised to $57 from $54 at Barclays

Barclays raised the firm’s price target on Methanex (MEOH) to $57 from $54 and keeps an Equal Weight rating on the shares post the Q4 report. Methanex is well positioned entering the close of the OCI acquisition, benefiting from a tight methanol market, the analyst tells investors in a research note.