Mizuho lowered the firm’s price target on Tronox (TROX) to $3.50 from $4 and keeps an Underperform rating on the shares. The firm says the TiO2 industry has bifurcated into essentially China versus western multi-national producers.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TROX:
- Tronox Faces Downgraded EPS and TiO2 Demand Amidst Pricing Pressures: Hold Rating Issued
- Tronox price target raised to $3.90 from $3.60 at UBS
- Morning Movers: Apple shares slip following Jefferies downgrade
- Video: Apple dips as Jefferies says sell amid too-high iPhone expectations
- Tronox price target lowered to $3.50 from $4 at Mizuho
