U.S. Steel price target raised to $43 from $39 at Morgan Stanley

Morgan Stanley raised the firm’s price target on U.S. Steel (X) to $43 from $39 and keeps an Equal Weight rating on the shares. Steel prices are up in reaction to U.S. tariff policy, the analyst tells investors in a research note. The firm increased its 2025 steel price forecasts, but sees a pullback in the second half of 2025 on a “tempered steel demand outlook and widening import arbitrage.” I