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Needham & Company Lowers Polypore to Buy (PPO)
Posted by James Brewer on Dec 17th, 2012


Polypore logo Needham & Company cut shares of Polypore (NYSE: PPO) from a strong-buy rating to a buy rating in a research report sent to investors on Monday morning. The firm currently has $50.00 price target on the stock, up from their previous price target of $44.00.

Several other analysts have also recently commented on the stock. Analysts at Capstone reiterated a buy rating on shares of Polypore in a research note to investors on Tuesday, December 4th. They now have a $49.00 price target on the stock. Separately, analysts at Topeka Capital reiterated a buy rating on shares of Polypore in a research note to investors on Monday, December 3rd. Finally, analysts at Wedbush cut their price target on shares of Polypore from $41.00 to $39.00 in a research note to investors on Tuesday, September 25th. They now have an outperform rating on the stock.

Polypore traded up 6.81% on Monday, hitting $43.75. Polypore has a 52-week low of $30.39 and a 52-week high of $57.66. The company has a market cap of $2.037 billion and a price-to-earnings ratio of 24.24.

Polypore last posted its quarterly earnings results on Tuesday, October 30th. The company reported $0.37 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.34 by $0.03. Polypore’s revenue was down 6.6% compared to the same quarter last year. Analysts expect that Polypore will post $1.87 EPS for the current fiscal year.

Polypore International, Inc. is a global high technology filtration company that develops, manufactures and markets specialized microporous membranes used in sefiltration processes.

 
aus der Diskussion: Polypore - Energiespeicherung - Batterietechnik
Autor (Datum des Eintrages): Karlll  (18.12.12 05:35:47)
Beitrag: 612 von 618 (ID:43937816)
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