MSA Safety Incorporporated (NYSE:MSA) Price Target Lowered to $206.00 at DA Davidson
DA Davidson has lowered its price target for MSA Safety Incorporporated (NYSE:MSA) from $235 to $206, while maintaining a "buy" rating, indicating a potential upside of approximately 21%. This adjustment follows MSA Safety's strong quarterly earnings, where the company exceeded EPS and revenue estimates, and authorized a $500 million share buyback program. Despite the price target cut, analysts anticipate continued growth, forecasting an EPS of $8.83 for the full fiscal year.