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Monday’s analyst upgrades and downgrades Add to ...

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Inside the Market’s roundup of some of today’s key analyst actions

Though methanol prices are “on the move” and no longer trailing behind other energy benchmarks, Raymond James analyst Steve Hansen downgraded Methanex Corp. (MEOH-Q, MX-T).

Based on a 24-per-cent “surge” in share price over the past two weeks, compared to a 1-per-cent gain by the S&P/TSX Composite, Mr. Hansen lowered his rating to “outperform” from “strong buy.”

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