Steel prices have been on an epic tear, boosting stocks of companies that produce the metal. Wall Street, however, is starting to worry about falling prices. Stocks related to a commodity always have a tough time when prices for that product weaken.
Monday, Morgan Stanley analyst Carlos De Alba downgraded United States Steel (ticker: X) stock to the equivalent of Sell from Hold. He cut his target price by more than 50% to $17 a share from $35.
