Geopolitical And Economic UncertaintyGeopolitical and economic uncertainty has contributed to a lower valuation across the market, affecting MRC's price target.
Market ConditionsThe adjustment in price target is partly due to a recent pullback in crude prices, reflecting broader market conditions.
Price Target AdjustmentThe price target for MRC Global Inc is now $15, down from $17, due to lower valuation across the market given geopolitical and economic uncertainty.