Morgan Stanley Upgrades Goldcorp To Overweight

Morgan Stanley upgraded

from Equal-weight to Overweight. The price target for Goldcorp is set to $25.50. Goldcorp shares have dropped 40.01 percent over the past 52 weeks, while the S&P 500 index has surged 5.35 percent in the same period. Goldcorp shares rose 0.06 percent to $16.70 in after-hours trading.