William Blair analyst Lawrence De Maria upgraded MSA Safety to Outperform from Market Perform without a price target. The analyst says MSA has a strong organic growth story driven by technology with above-average incremental margins. The company’s second-half outlook is “de-risked” with potential upside as there is reduced economic cyclicality in the model, the analyst tells investors in a research note. The firm views MSA as a high quality, smid-cap industrial growth company that warrants a premium valuation.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on MSA:
