Kraton Performance Polymers (KRA) Tops Q1 EPS by 5c

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Go back to Kraton Performance Polymers (KRA) Tops Q1 EPS by 5c

Kraton Performance Polymers (KRA) PT Raised to $26 at UBS Following 1Q Report; '2017 Guidance Unchanged'

April 27, 2017 10:20 AM EDT

UBS raised its price target on Kraton Performance Polymers (NYSE: KRA) to $26.00 (from $24.00) while maintaining a Sell rating, following the company's first quarter earnings report.

Analyst John Roberts notes the company reported adjusted EBITDA above consensus, while missing on revenues, as the mixed results leads to status quo on 2017 guidance.

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