STERIS PLC, a health care equipment and supplies provider, has seen its stock price increase by 1.72% on the New York Stock Exchange.

This increase follows an upgrade in its stock rating by Morgan Stanley, citing positive trends in sterilization.

Key points:

• The upgrade was based on positive trends in sterilization
• Analysts are optimistic about the company’s future performance
• Some analysts expect a strong quarterly earnings report

The company’s market value has also been boosted by the upgrade, with investors showing confidence in its growth prospects.