- 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.
Stifel still bullish on Polypore
Dec 30 2013, 14:06 ET