Seeking Alpha

Stifel still bullish on Polypore

  • 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.
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