The Globe and Mail reports in its Friday, April 17, edition that Raymond James analyst Steve Hansen has reiterated his "market perform" ranking for Methanex. The Globe's David Leeder writes in the Eye On Equities column that Mr. Hansen's share target soared $13 to $65 (all figures U.S.). Analysts on average target the shares at $65.63. Mr. Hansen says in a note: "We are increasing our target price on Methanex to reflect a sharp uplift in global methanol prices driven by an unprecedented supply shock stemming from the recent U.S.–Iran conflict. While early signs of de-escalation have emerged, we expect energy prices to remain higher for longer, supporting our constructive medium-term outlook. Against this backdrop, we believe Methanex is poised to collect a hefty earnings and FCF windfall over the next two years, enabling accelerated deleveraging and future shareholder returns (buybacks/dividends). Despite this fortuitous backdrop, we maintain our 'market perform' rating as we expect the market to heavily discount these elevated cash flows as crude prices gradually normalize -- a pattern consistent with prior energy-driven dislocations (i.e., Russia-Ukraine war)."