BMO Capital Maintains Outperform on Tronox Holdings, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst John McNulty maintains an Outperform rating on Tronox Holdings (NYSE:TROX) but lowers the price target from $21 to $17.
October 29, 2024 | 4:01 pm
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BMO Capital has maintained its Outperform rating for Tronox Holdings but has reduced the price target from $21 to $17, indicating a more cautious outlook.
The maintenance of an Outperform rating suggests continued confidence in Tronox Holdings' performance, but the lowered price target from $21 to $17 indicates a more cautious outlook, likely due to market conditions or company-specific factors. This could lead to a short-term negative impact on the stock price as investors adjust expectations.
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