B. Riley initiated coverage of MSA Safety (MSA) with a Buy rating and $200 price target MSA’s products and systems aim to prevent worksite accidents, with a focus on fire service, detection, and fall/head protection, the analyst tells investors in a research note. The firm says MSA commands a leading market share in many of its markets as the trusted brand globally with innovative solutions focused on customer needs. Riley expects MSA’s total addressable market to expand and the business to remain relatively resilient during macroeconomic downturns.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MSA:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue