Morgan Stanley upgraded the U.S. cable/satellite sector to in-line from cautious and said 4G wireless technologies will not be strong substitutes for higher speed wire-line access in the near or medium term.

Morgan Stanley also upgraded Cablevision Systems Corp to overweight from equal weight, partly on its bullish view on broadband pricing.

Shares of Cablevision closed at $23.55 Monday on The New York Stock Exchange. (Reporting by Saqib Iqbal Ahmed in Bangalore; Editing by Vinu Pilakkott)

Investment Morgan Stanley U.S.