Morgan Stanley Upgrades United States Steel to Overweight, Announces $40 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Carlos De Alba has upgraded United States Steel (NYSE:X) from Equal-Weight to Overweight and announced a $40 price target.
October 02, 2023 | 11:42 am
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United States Steel has been upgraded to Overweight from Equal-Weight by Morgan Stanley, with a new price target of $40.
The upgrade from Morgan Stanley is a positive signal for United States Steel. The new price target of $40 suggests that the analyst sees significant upside potential for the stock. This could lead to increased investor interest and potentially a higher stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100