Methanex Soars as Price Targets Rally Amid Global Methanol Supply Concerns

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Methanex Corporation (NASDAQ: MEOH) has seen its stock price rise by 8.06% due to increased price targets from Jefferies and BMO Capital, driven by global methanol supply constraints and rising spot prices. Despite a dip in Q4 adjusted EBITDA, the company increased methanol production and successfully integrated OCI Global’s methanol business. Analysts remain optimistic about Methanex’s strategic position amid geopolitical tensions and its potential for sustained growth.

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