Morgan Stanley upgrades Southern Copper (SCCO) and Vale (VALE) to Overweight from Equal-Weight....

|About: Southern Copper Corporation (SCCO)|By:, SA News Editor

Morgan Stanley upgrades Southern Copper (SCCO) and Vale (VALE) to Overweight from Equal-Weight. Analysts cite the "big underperformance" in the stocks and see improved steel conditions in China benefiting both companies. Premarket: SCCO +1.0%, VALE +0.6%.