DA Davidson lowered the firm's price target on MSA Safety to $206 from $235 and keeps a Buy rating on the shares after its Q1 results. The management's mid-single-digit organic growth outlook remains, while the Autronica deal will add another dimension to growth once it closes, the analyst tells investors in a research note. The firm adds it continues to view the company as a high-quality compounder with a wide moat.
