Stephens & Co. Reiterates Overweight on MRC Global, Maintains $17 Price Target
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Blake Hirschman has reiterated an Overweight rating on MRC Global (NYSE:MRC) and maintained a $17 price target.
August 08, 2023 | 1:24 pm
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Stephens & Co. has reiterated an Overweight rating on MRC Global and maintained a $17 price target.
The reiteration of an Overweight rating by Stephens & Co. indicates their positive outlook on MRC Global. The maintained price target of $17 suggests that they believe the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100