Baird Sees No Material Impact on Polypore (PPO) Amid Volt Production Halts

In contrast to an earlier call from a Stifel Nicolaus analyst, Baird's Richard Eastman believes Polypore (NYSE: PPO) is unlikely to see a "material" effect from halted temporarily production of GM's (NYSE: GM) Chevy Volt.

Still, Eastman warned Polypore shares would likely be sensitive to the news flow until a more defined move higher in quarter-over-quarter lithium sales becomes more apparent. The analyst believes this could emerge during the second quarter.

Baird maintains an Outperform rating and $58 price target on shares of Polypore.

To track all the market-moving analyst action on shares of Polypore, visit our Analyst Ratings page.

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