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Enter Symbol:
 
POLYPORE INTERNATIONAL INC. (PPO) [hlAlert]

Rating:
Buy PPO
up 16.33 %

POLYPORE INTERNATIONAL INC. (PPO) rated Buy with price target $50 by Needham

Posted on: Monday,  Dec 17, 2012  2:25 PM ET by Needham

Needham rated Buy POLYPORE INTERNATIONAL INC. (NYSE: PPO) on 12/17/2012. Previously Needham rated Strong Buy POLYPORE INTERNATIONAL INC. (NYSE: PPO) on
11/28/2011., when the stock price was $51.99. Since then, POLYPORE INTERNATIONAL INC. has gained 16.33% as of 08/25/2016's recent price of $60.48.
If you would have followed the previous Needham's recommendation on PPO, you would have gained 16.33% of your investment in 1732 days.

Polypore International, Inc. (Polypore International) is a global high technology filtration company, that develops, manufactures and markets specialized microporous membranes used in separation and filtration processes. The Company produces microporous membranes that contain millions of pores per square inch, enabling the management of ions, gases and particles that range in size from the cellular to the nano or molecular level. Polypore International operates in two segments: energy storage and separations media. During the fiscal year ended January 3, 2009 (fiscal 2008), the energy storage segment accounted for approximately 74% and the separations media segment accounted for approximately 26% of the Company?s net sales. In May 2008, the Company, through its wholly owned subsidiary, Celgard, LLC, completed the acquisition of Yurie-Wide Corporation, a South Korean company.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/17/2012 2:25 PM Buy
None
43.07 50.00
as of 12/31/2012
1 Week up  2.94 %
1 Month up  13.27 %
3 Months up  31.54 %
1 YTD up  5.70 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/13/2012 8:25 AM Buy
None
35.68 44.00
11/28/2011 8:25 AM Buy
None
51.99 79.00

(*) Stock Price at the time of the recommendation.
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