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Upgrade Alert for Kraton Performance Polymers (KRA)
[April 12, 2013]

Upgrade Alert for Kraton Performance Polymers (KRA)


Apr 12, 2013 (SmarTrend(R) Upgrades/Downgrades via COMTEX) -- Kraton Performance Polymers (NYSE:KRA) was upgraded from Neutral to Buy at SunTrust today. The stock closed yesterday at $20.93 on volume of 248,000 shares, below average daily volume of 288,000. In the past 52 weeks, Kraton Performance Polymers share prices have been bracketed by a low of $17.61 and a high of $28.26 and closed yesterday at $20.93, 19% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1.8%.



There is potential upside of 33.8% for shares of Kraton Performance Polymers based on a current price of $20.93 and an average consensus analyst price target of $28.00. The stock should find initial resistance at its 200-day moving average (MA) of $23.36 and further resistance at its 50-day MA of $24.99.

Kraton Performance Polymers, Inc. produces engineered polymers and styrenic block copolymers. The polymers are used in adhesives, coatings: consumer and personal care products, sealants and lubricants, and medical, packaging, automotive, paving, roofing and footwear products.


SmarTrend is monitoring the recent change of momentum in Kraton Performance Polymers. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Kraton Performance Polymers in search of a potential trend change.

Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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