UBS Maintains Neutral on Tronox Holdings, Raises Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Joshua Spector has maintained a Neutral rating on Tronox Holdings (NYSE:TROX) and increased the price target from $11 to $13.
December 14, 2023 | 4:13 pm
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UBS has maintained a Neutral rating on Tronox Holdings but raised the price target from $11 to $13, indicating a potential upside from the previous target.
The increase in price target by UBS suggests a positive outlook on the stock's value, which could lead to increased investor interest and a potential short-term rise in the stock price. However, the Neutral rating indicates that the analyst does not see significant momentum beyond the new target price in the near term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100