Morgan Stanley Upgrades This Steel Company - Read Why
Morgan Stanley analyst Carlos De Alba upgraded United States Steel Corp (NYSE:X) to Equal Weight from Underweight and raised the price target to $31 (a downside of 0.9%) from $21. The analyst notes the Ukraine and Russia conflict escalation has driven a sharp increase in steel metallic prices, including scrap and pig iron. He sees…
Benzinga ·
Benzinga
