Stifel still bullish on Polypore

|About: Polypore International, Inc. (PPO)|By:, SA News Editor

Shares of Polypore (PPO +5.2%) are having a strong session on the back of a bullish note out of Stifel.

Analyst Jeffrey Osborne notes that although he has "no way of quantifying the impact" of the Sumitomo agreement, Stifel nevertheless views "it as a long term positive for the company as they maintain their leadership in the market.”

Buy rating maintained.

Price target is $47.