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MSA Safety price target raised to $208 from $203 at DA Davidson

DA Davidson raised the firm’s price target on MSA Safety (MSA) to $208 from $203 and keeps a Buy rating on the shares after its Q2 results. There weren’t many moving parts in the Q2 report, with low-single-digit organic growth still expected for the year as fire brigades wait for newly-certified NFPA-compliant products, the analyst tells investors in a research note. The firm remains positive on MSA as a long-term “compounder.”

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