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Tronox price target lowered to $5 from $9 at Truist

Truist lowered the firm’s price target on Tronox (TROX) to $5 from $9 and keeps a Buy rating on the shares. The stock fell after the company posted a “significant” Q2 earnings miss and unexpectedly large cut to full-year guidance, the analyst tells investors in a research note. Truist adds that it does not expect the company’s TiO2 earnings to meaningfully improve in the second half but continues to expect earnings growth in 2026 to be driven by increased share and improved cost performance without an unexpected upward inflection for macro conditions.

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