Polypore International (NASDAQ:PPO) had its target price cut by Stifel Nicolaus from $51.00 to $47.00 in a research note released on Tuesday morning, Analyst RN reports. They currently have a buy rating on the stock.
Stifel Nicolaus has also taken action a number of other stocks recently. The firm reiterated its buy rating on shares of Energy Transfer. They have a $56.50 price target on that stock, up previously from $55.00. Also, Stifel Nicolaus upgraded shares of Navios Maritime Partners L.P. from a hold rating to a buy rating. Stifel Nicolaus now has a $19.00 price target on that stock.
Shares of Polypore International (NASDAQ:PPO) traded down 0.46% during mid-day trading on Tuesday, hitting $36.45. 285,715 shares of the company’s stock traded hands. Polypore International has a 52-week low of $35.00 and a 52-week high of $48.42. The stock has a 50-day moving average of $42.19 and a 200-day moving average of $41.81. The company has a market cap of $1.687 billion and a price-to-earnings ratio of 30.72.
Separately, analysts at DA Davidson cut their price target on shares of Polypore International from $43.00 to $38.00 in a research note to investors on Tuesday. They now have a neutral rating on the stock. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Polypore International presently has an average rating of Hold and an average price target of $41.50.
Polypore International, Inc is a global high technology filtration company that develops, manufactures and markets specialized microporous membranes used in separation and filtration processes.
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