Loop Capital analyst Chris Dankert downgraded MRC Global (MRC) to Hold from Buy with an unchanged price target of $16. The firm sees limited near-term upside in the shares as the pending acquisition by Dnow (DNOW) nears completion.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MRC: