Mizuho analyst John Roberts lowered the firm’s price target on Tronox (TROX) to $4 from $5 and keeps a Neutral rating on the shares. The company cut its dividend by 60% and issued an implied second half of 2025 EBITDA outlook below estimates, the analyst tells investors in a research note.
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Read More on TROX:
- Tronox reports Q2 adjusted EPS (28c), consensus (12c)
- Tronox narrows FY25 revenue view to $3B-$3.1B from $3B-$3.4B, consensus $3.02B
- Tronox price target lowered to $5 from $6 at Mizuho
- Tronox price target lowered to $8 from $8.50 at UBS
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