Goldman Sachs Maintains Buy on Tronox Holdings, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Duffy Fischer maintains a Buy rating on Tronox Holdings (NYSE:TROX) but lowers the price target from $18 to $16.
September 19, 2024 | 5:11 pm
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NEUTRAL IMPACT
Goldman Sachs continues to recommend buying Tronox Holdings but has reduced its price target from $18 to $16, indicating a more cautious outlook.
The Buy rating suggests continued confidence in Tronox Holdings, but the lowered price target reflects a tempered expectation of its stock performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100