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Rating: MEOH

Methanex Corporation (NASDAQ: MEOH) downgraded to Neutral by Monness Crespi & Hardt

Tuesday,  Jan 19, 2016  8:25 AM ET by Dave Ficere

Monness Crespi & Hardt downgraded Methanex Corporation (NASDAQ: MEOH) to Neutral.
Previously Monness Crespi & Hardt rated Buy with price target $70 Methanex Corporation (NASDAQ: MEOH) on 11/15/2013, when the stock price was $64.35.

Methanex Corp. is a Vancouver based company engaged in the worldwide production and marketing of methanol. Methanol, made from natural gas, is a basic chemical building block used to manufacture products such as formaldehyde, MTBE, acetic acid and others. The Company operates production facilities in Canada, the United States, New Zealand and Chile. The Company also markets additional methanol from plants in the US, Trinidad and Europe.

Monness Crespi & Hardt

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