Polypore Internationa (PPO) NewsBite - PPO Downgraded By Robert W. Baird

Posted: Tuesday, October 13, 2009 3:05 PM EDT

Polypore Internationa (PPO) was downgraded today by analysts at Robert W. Baird and the stock is now at $13.10, down $0.92 (-6.56%) on volume of 345,330 shares traded. The brokerage reduced PPO to Neutral from Outperform. Over the last 52 weeks the stock has ranged from a low of $2.38 to a high of $19.31. Polypore Internationa stock has been showing support around $13.54 and resistance in the $14.34 range. Technical indicators for the stock are bullish and S&P does not currently have a STARS rating for PPO. We will just watch this one for now. There are no hedged trades we like the look of for PPO. [ABR-Seven Summits Strategic Investments NewsBite]

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