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Fly News Breaks for April 11, 2019
TROX
Apr 11, 2019 | 08:34 EDT
SunTrust analyst James Sheehan raised his price target on Tronox to $20 and kept his Buy rating, saying the company's settlement of an antitrust suit involving the proposed Cristal merger is a positive catalyst for the whole titanium dioxide group. The analyst expects Tronox to be the "largest beneficiary" of the settlement and sees the deal closing as imminent. Sheehan adds that the company's expected $700M in proceeds from the sale of its North American TiO2business to INEOS Enterprises should be used for share repurchases.
News For TROX From the Last 2 Days
TROX
Mar 27, 2024 | 08:29 EDT
Deutsche Bank analyst David Begleiter raised the firm's price target on Tronox to $20 from $17 and keeps a Buy rating on the shares.