Tronox Holdings Reaches Analyst Target Price
August 11, 2020 at 12:35 PM EDT
In recent trading, shares of Tronox Holdings PLC (TROX) have crossed above the average analyst 12-month target price of $9.06, changing hands for $9.21/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..