UPDATE: BMO Capital Markets Downgrades Methanex as Strong Share Price Appreciation Leaves Less Cushion to Absorb Risk

In a report published Monday, BMO Capital Markets analyst Alexandra Syrnyk downgraded the rating on Methanex Corporation (NASDAQ: MEOH ) from Outperform to Market Perform, and lowered the price target from $70.00 to $67.50. In the report, BMO Capital Markets noted, “We are updating estimates to incorporate higher December North