Tronox upgraded at J.P. Morgan on improving titanium dioxide fundamentals

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Titanium dioxide (TiO2) powder for cosmetics, isolated black background

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Tronox (NYSE:TROX) +11.9% in Friday's trading after J.P. Morgan upgraded the chemical company to Overweight from Neutral with a $7 price target, raised from $5, saying titanium dioxide fundamentals are improving, and prices likely will move higher in Q2 or Q3 after a two-year

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