NewsPolypore International initiated with "market perform"
08/14/07 - William Blair & Co
NEW YORK, August 14 (newratings.com) - Analyst William Benton of William Blair & Co initiates coverage of Polypore International Inc (PPO) with a "market perform" rating.
In a research note published yesterday, the analyst mentions that the company has a leading position in several membrane/separator markets. Polypore International is well-positioned to benefit going forward from robust growth in the lithium battery and hemodialysis industries, the analyst says. William Blair & Co expects the company to benefit in the foreseeable future from the increasing adoption of lithium batteries in the high-growth hybrid electric vehicle market, further penetration in specialty filtration applications and the increasing dominance of lithium batteries in power tools.