Tronox price target lowered to $16 from $18 at Barclays

Barclays analyst Michael Leithead lowered the firm’s price target on Tronox (TROX) to $16 from $18 and keeps an Overweight rating on the shares post the Q3 report. The company tempered its outlook on softer demand, continued Chinese exports and limited impact from anti-dumping duties, the analyst tells investors in a research note.