Tronox price target lowered to $9 from $11 at Mizuho

Mizuho lowered the firm’s price target on Tronox (TROX) to $9 from $11 and keeps a Neutral rating on the shares. While 2025 is expected to improve relative to recent recessionary conditions, share upside appears constrained by continued China supply growth and “less-than-earlier-expected” tariff benefits in the Middle East and Brazil, the analyst tells investors in a research note.