Today's plunge in U.S. Silica (SLCA -3.3%) following Q1 earnings is slowed after Morgan Stanley...

|About: U.S. Silica (SLCA)|By:, SA News Editor

Today's plunge in U.S. Silica (SLCA -3.3%) following Q1 earnings is slowed after Morgan Stanley upgrades shares to Overweight from Equal Weight with a $25 price target; the firm cites valuation, favorable fundamentals and the announcement of a regular dividend. Shares had slumped as much as 14.5% in morning trading.