Analyst Sees Polypore Sell-off Overdone, Morgan Stanley Sees Margin Pressue for, Whole Foods Has Upside

Polypore International Inc.(NYSE:PPO): Wedbush views yesterday’s sell-off in Polypore shares as overdone following LG Chem’s announcement that it intends to vertically integrate with Li-Ion separator manufacturing. The firm estimates LG Chem accounts for, at most, 15%-20% of Polypore’s lithium separator revenue and reiterates an Outperform rating on the stock, despite lowering its price target for shares to $58 from $72. Inc.(NASDAQ:AMZN): Morgan Stanley removed from its Best Ideas List citing margin and sales growth pressure near-term. Shares remain Overweight rated with a $220 price target.

Whole Foods Market, Inc.(NASDAQ:WFM): RBC Capital believes that Whole Foods continues to have sales momentum and the firm predicts that the company’s comparative sales rose 9% in Q1. The firm raised its target on the stock to $85 from $74 while reiterating an Outperform rating.

Fortinet Inc.(NASDAQ:FTNT): RBC Capital increased its target on Fortinet after the company reported stronger than expected Q4 results. The firm believes that the company’s guidance is conservative and maintains an Outperform rating.

Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.

To contact the reporter on this story: Derek Hoffman at

To contact the editor responsible for this story: Damien Hoffman at