The Globe and Mail reports in its Tuesday, Feb. 4, edition that CIBC World Markets analyst Hamir Patel has reiterated his "outperformer" recommendation for Methanex. The Globe's David Leeder writes in the Eye On Equities column that Mr. Patel's share target soared $14 to $63 (all figures U.S.). Analysts on average target the shares at $61.64. Mr. Patel says in a note: "With the U.S. imposing 25-per-cent tariffs on Canadian and Mexican goods from Feb. 4 (and 10-per-cent tariffs on Canadian energy imports), as well as additional 10-per-cent tariffs on Chinese goods, we expect our fertilizer and chemicals names to be relatively less impacted than other sectors. Our top pick in the space remains Methanex. ... As the U.S. is dependent on Canadian potash, we expect the tariff burden will almost entirely be passed on to the U.S. consumer (i.e., farmer) in the form of higher fertilizer prices. U.S. imports comprised 95 per cent of domestic potash consumption from 2020-2024, with Canada representing 79 per cent of potash imports. While some domestic U.S. demand destruction would typically be anticipated with higher prices, we note that potash prices in January were 35 per cent below their 15-year real average."