Morgan Stanley Upgrades STMicroelectronics To Equalweight

Analysts at Morgan Stanley upgraded

from Underweight to Equalweight, according to sources. STMicroelectronics shares have gained 2.68% over the past 52 weeks, while the S&P 500 index has surged 11.93% in the same period. STMicroelectronics' shares rose 2.92% to $9.86 in pre-market trading.