Truist lowered the firm’s price target on Tronox (TROX) to $10 from $14 and keeps a Buy rating on the shares as part of a broader research note on Chemicals. Given the unfolding “tariff saga”, the firm has updated its models, and while the new estimates do not assume a significant recession, they do incorporate more limited expectations for underlying demand growth in 2025-2026, the analyst tells investors in a research note.
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Read More on TROX:
- Tronox price target lowered to $22 from $25 at Alembic Global
- Tronox director buys $215K in common stock
- Strategic Closure and Market Dynamics Position TRONOX for Growth: A Buy Recommendation by John McNulty
- Tronox intends to idle pigment plant in the Netherlands, sees charges
- Tronox price target lowered to $9 from $11 at Mizuho
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