Barclays analyst Michael Leithead raised the firm’s price target on NL Industries to $6 from $5 and keeps an Underweight rating on the shares. The firm says interest rate cuts, China stimulus, and tariff implementation has boosted 2025 sentiment on TiO2 equities, “but it’s not showing up in the numbers quite yet.” Continued China net export growth remains worrisome, the analyst tells investors in a research note.
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Read More on NL:
- NL Industries declares 43c per share special cash dividend
- NL Industries Announces Special and Quarterly Dividends
- NL INDUSTRIES ANNOUNCES A SPECIAL DIVIDEND OF 43 CENTS PER SHARE PAYABLE IN AUGUST 2024, AND A QUARTERLY DIVIDEND FOR THE THIRD QUARTER OF 2024 AT 8 CENTS PER SHARE
- NL REPORTS SECOND QUARTER 2024 RESULTS
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