UPDATE: Morgan Stanley Upgrades United States Steel on Improving Market Conditions, Cost Improvement Initiative
November 13, 2013 at 09:39 AM EST
In a report published Wednesday, Morgan Stanley analyst Evan L. Kurtz upgraded the rating on United States Steel Corporation (NYSE: X ) from Equal-Weight to Overweight, and raised the price target from $32.00 to $35.00. In the report, Morgan Stanley noted, “In light of improving steel market conditions as well