MSA Safety resumed with a Hold at Stifel

Stifel resumed coverage of MSA Safety (MSA) with a Hold rating and $182 price target The firm has a positive long-term view on the shares but sees headwinds from difficult compares, tariffs, and slowing short-cycle activity in the near term. Stifel looks to get more positive on MSA when there is a clearer line of sight to the ramp in the self-contained breathing apparatus cycle and improving short-cycle trends.