Boston, MA 02\/20\/2014 (wallstreetpr) –\u00a0<\/b>Polypore International, Inc. (NYSE:PPO)<\/b> will unveil its fiscal 2013 fourth quarter results on February 24, at 4:00 p.m. That will be followed a few minutes later by a conference call to discuss the details of the results. However, analysts are already exercising their knowledge of PPO and sentiments are all over, some encouraging, some discouraging and others just, well, sort of neutral.<\/p>\n
In the latest review of the stock by analysts, investment researchers at William Blair have just issued a downgrade note, placing PPO on the \u201cmarket-perform\u201d list. Previously the brokerage considered the stock an \u201coutperform.\u201d<\/p>\n
While analysts at William Blair are the latest to echo their sentiments on the stock, several other analysts from various brokerage firms have been discussing Polypore International, Inc. (NYSE:PPO).<\/p>\n
Analysts give opinion on PPO<\/b><\/p>\n
Analysts at Wells Fargo & Co. (NYSE:WFC) recently fired a researched investment note to investors which pushed Polypore International, Inc. (NYSE:PPO) from an \u201coutperform\u201d listing to a \u201cmarket-perform\u201d position.<\/p>\n
As if that was not enough, analysts at FBR Capital Market didn\u2019t hold back and initiated coverage on the stock with a \u201cmarket-perform\u201d rating. This view was contained in a note to investors issued Wednesday. FBR Capital Market planted a price target of $37 on the share of the stock.<\/p>\n
To accompany their sentiments on the stock of Polypore International, Inc. (NYSE:PPO), analysts at FBR Capital Market dispensed various opinions, citing that PPO is poised to benefit from the robust growth in the electric vehicles industry. However, the analysts believe that such gains might not be realize up until second-generation of the EV models hit market around 2015\/16.<\/p>\n
Further, the analysts agree that while 2014 will see a bigger launch of electric vehicles, Polypore International, Inc. (NYSE:PPO) has to work hard on its part to increase its market share before gains in that segment can start coming.\u00a0 Thus, in the near-term to medium-term, the analysts think that Polypore International, Inc. (NYSE:PPO) will continue to hover around low $30s and mid-$40 in terms of stock price.<\/p>\n
Out with the detailed note from FBR Capital Market analysts, Zacks weighed in on the stock of PPO and issued an upgrade note that now places the stock on a \u201cneutral\u201d listing, up from the previous listing at \u201cunderperform.\u201d The analysts at Zacks have issued $38.20 price target.<\/p>\n
Takeaway<\/b><\/p>\n
With several analysts dispensing their opinions ahead of the planned earning release on February 24, we see that the stock now carries consensus \u201chold\u201d rating and average price target of $41.28. The stock of Polypore International, Inc. (NYSE:PPO) is currently hovering around $29 per share.<\/p>\n","protected":false},"excerpt":{"rendered":"
Boston, MA 02\/20\/2014 (wallstreetpr) –\u00a0Polypore International, Inc. (NYSE:PPO) will unveil its fiscal 2013 fourth quarter results on February 24, at 4:00 p.m. That will be […]<\/p>\n","protected":false},"author":13,"featured_media":15714,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[263],"tags":[4668,4667],"stock_ticker":[],"class_list":["post-15712","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-nyseppo","tag-polypore-international-inc-nyseppo","entry"],"acf":[],"yoast_head":"\n