KeyBanc Upgraded PolyOne (POL) to Buy

Intra-day, KeyBanc upgraded PolyOne Corporation (NYSE: POL) to Buy with a $5 price target ahead of Q2 earnings results on August 6th.

The firm said, "Following surprisingly strong results from both Spartech Corporation (NYSE: SEH) and A. Schulman, Inc. (NASDAQ: SHLM) on better than expected margins and improved liquidity, 2Q09 results at POL could come in better than our estimate of a loss of $0.02 per share and consensus of breakeven.

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