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.
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Read More on TROX:
- Tronox Faces Downgraded EPS and TiO2 Demand Amidst Pricing Pressures: Hold Rating Issued
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- Tronox price target lowered to $3.50 from $4 at Mizuho
