Goldman Sachs Starts Kraton Performance Polymers (KRA) at Neutral

June 23, 2011 6:58 AM EDT
Get Alerts KRA Hot Sheet
Price: $46.49 --0%

Rating Summary:
    1 Buy, 6 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Goldman Sachs initiates coverage on Kraton Performance Polymers (NYSE: KRA) with a Neutral rating and $43 price target.

The firm said the stock is underfollowed and offers attractive revenue growth with
strong competitive positions in niche elastomers. However, they see greater upside in other specialty chemical companies such as Huntsman (NYSE: HUN), PPG Industries (NYSE: PPG), and Dow Chemical (NYSE: DOW).

For more ratings news on Kraton Performance Polymers click here and for the rating history of Kraton Performance Polymers click here.

Shares of Kraton Performance Polymers closed at $39.03 yesterday.


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