TROX Crosses Above Average Analyst Target
September 16, 2021 at 10:27 AM EDT
In recent trading, shares of Tronox Holdings PLC (TROX) have crossed above the average analyst 12-month target price of $24.67, changing hands for $25.08/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..