Polypore International (PPO) Misses Q4 EPS by 10c; Approves 4M Common Buyback

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Wedbush Downgrades Polypore International (PPO) to Neutral after Disappointing Results

February 21, 2013 8:13 AM EST

Wedbush downgraded Polypore International (NYSE: PPO) from Outperform to Neutral with a price target of $38.00 (from $46.00) citing no improvement in the Lithium Separators cost management we expected, and a consumer lithium decline, raising questions on customer capture/retention.

Polypore reported 4Q12... More