Shares of Polypore and Plains All American Pipeline Rated Buys

Wall St. Watchdog reveals information about companies for which stock analysts reiterated ratings in the Basic Materials sector for the week ending December 2nd, 2011.

  • Polypore Intl (NYSE:PPO): Needham reiterated its rating of Strong Buy for this company and changed its price target from $75 to $79 on Nov 28th. The shares recently traded at $50.69, down $1.26, or 2.43% since the analyst’s rating. About the company: Polypore International, Inc. develops, manufactures, and markets specialized polymer-based membranes used in separation and filtration processes. The Company serves customers globally with manufacturing facilities in North America, Europe, and Asia. Get the most recent company news and stock data here >>
  • Plains All Amer (NYSE:PAA): Wunderlich reiterated its rating of Buy for this company and changed its price target from $71 to $73 on Dec 2nd. The shares recently traded at $67.11, up $0.4, or 0.6% since the analyst’s rating. About the company: Plains All American Pipeline, L.P. is involved in interstate and intrastate crude oil pipeline transportation and crude oil terminalling storage activities. The Partnership is also involved in gathering and marketing activities. Plains owns and operates a seasonally heated, common carrier crude oil pipe-line extending from CA to TX and an oil gathering system in CA. Get the most recent company news and stock data here >>

(Note: Selected financial data are sourced from Briefing.com via the Wall St. Journal. All data are assumed to be accurate.)

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