MRC Global (MRC) Tops Q3 EPS by 6c

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KeyBanc Downgrades MRC Global (MRC) to Sector Weight

November 9, 2015 7:50 AM EST

KeyBanc downgraded MRC Global (NYSE: MRC) from Overweight to Sector Weight and removed its price target. Analyst Jeffrey D. Hammond sees balanced risk-reward.

"Following MRC's 3Q15 conference call and the stock's healthy run-up on Friday (+14% vs. S&P and XLI down 0.5%) amid management's... More