TROX - Tronox Gains Favorable Upgrade From Analyst Predicting A Strong Rebound In 2024 | Benzinga
Tronox Holdings PLC (NYSE: TROX) shares are rising higher after BMO Capital Markets upgraded the stock to Outperform from Market Perform at an increased price target of $18 from $11.
The analyst John P. McNulty expects 2024 to mark the inflection point for the company with the end of destocking along with modestly improving industry demand and potentially more for Western producers (depending on EU China dumping restrictions).
For TROX, ...