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Fly News Breaks for September 16, 2016
MRC
Sep 16, 2016 | 08:32 EDT
Cowen analyst Vaibhav Vaishnav initiated MRC Global with a Market Perform rating. The analyst sees a balanced exposure to upstream, midstream and downstream activity but a lack of earnings leverage drives his Market Perform rating. Vaishnav has a $16 price target on MRC Global shares.
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