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MSA Safety price target lowered to $183 from $188 at DA Davidson

DA Davidson lowered the firm’s price target on MSA Safety (MSA) to $183 from $188 but keeps a Buy rating on the shares after its Q1 results. The company has modest supply-chain issues to deal with, though the firm did not get the sense that tariffs are going to alter MSA’s earnings profile greatly, the analyst tells investors in a research note. MSA’s new technologies in SCBA and turnout gear, among others, also enhance its growth profile, the firm adds.

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