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Recommendations
PolyOne price target raised to $30 from $25 at Baird » 09:14
07/02/20
07/02
09:14
07/02/20
09:14
POL

PolyOne

$25.44 /

-0.82 (-3.12%)

Baird analyst Ben Kallo…

Baird analyst Ben Kallo raised the firm's price target on PolyOne to $30 from $25 and keeps an Outperform rating on the shares. The analyst updated his model to reflect contribution from the Masterbatch acquisition. He continues to like the acquisition which should accelerate its specialty transition and could drive multiple expansion.

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POL PolyOne
$25.44 /

-0.82 (-3.12%)

POL PolyOne
$25.44 /

-0.82 (-3.12%)

06/16/20 Stifel
PolyOne downgraded to Hold on limited near-term upside at Stifel
06/16/20 Stifel
PolyOne downgraded to Hold from Buy at Stifel
05/28/20
Fly Intel: Top five analyst initiations
05/28/20 Morgan Stanley
Morgan Stanley starts 'defensive' PolyOne at Overweight with $30 price target
POL PolyOne
$25.44 /

-0.82 (-3.12%)

  • 31
    Jan
Hot Stocks
PolyOne changes name to 'Avient' » 05:25
07/01/20
07/01
05:25
07/01/20
05:25
POL

PolyOne

$26.26 /

+0.33 (+1.27%)

PolyOne has completed its…

PolyOne has completed its purchase of the color masterbatch businesses of Clariant and Clariant Chemicals India Ltd. PolyOne also announced that it has changed its name and will now be called Avient. "We proudly welcome our newest associates and valued customers from Clariant Masterbatch. They are joining us on Day 1 of this new era for our company, which as of today will be named Avient," said Robert M. Patterson, Chairman, President and Chief Executive Officer, Avient."With this acquisition, Avient now expects over 85% of adjusted EBITDA to be generated from specialty applications," said Mr. Patterson. "This is up from less than 10% when our specialty journey began over a decade ago. While we honor the legacies of our past organizations, under our new name Avient, we come together and look to the future as a world-class sustainable organization." In conjunction with its rebranding and new name, the company's ticker symbol will change from "POL" to "AVNT," effective at the start of trading on July 13. As of that date, the "POL" trading symbol will no longer be active.

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POL PolyOne
$26.26 /

+0.33 (+1.27%)

POL PolyOne
$26.26 /

+0.33 (+1.27%)

06/16/20 Stifel
PolyOne downgraded to Hold on limited near-term upside at Stifel
06/16/20 Stifel
PolyOne downgraded to Hold from Buy at Stifel
05/28/20
Fly Intel: Top five analyst initiations
05/28/20 Morgan Stanley
Morgan Stanley starts 'defensive' PolyOne at Overweight with $30 price target
POL PolyOne
$26.26 /

+0.33 (+1.27%)

  • 31
    Jan
Downgrade
PolyOne downgraded to Hold on limited near-term upside at Stifel » 12:12
06/16/20
06/16
12:12
06/16/20
12:12
POL

PolyOne

$26.23 /

+0.23 (+0.88%)

As previously reported,…

As previously reported, Stifel analyst Vincent Anderson downgraded PolyOne to Hold from Buy with an unchanged price target of $25 after updating his estimates for the Clariant Masterbatches consolidation, which is expected to close July 1. Second quarter results, which were reported to be only marginally improving sequentially in June, may keep investors sidelined and he sees the potential for near-term upside to be limited to a broader market recovery, Anderson added.

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POL PolyOne
$26.23 /

+0.23 (+0.88%)

POL PolyOne
$26.23 /

+0.23 (+0.88%)

06/16/20 Stifel
PolyOne downgraded to Hold from Buy at Stifel
05/28/20
Fly Intel: Top five analyst initiations
05/28/20 Morgan Stanley
Morgan Stanley starts 'defensive' PolyOne at Overweight with $30 price target
05/28/20 Morgan Stanley
PolyOne initiated with an Overweight at Morgan Stanley
POL PolyOne
$26.23 /

+0.23 (+0.88%)

Downgrade
PolyOne downgraded to Hold from Buy at Stifel » 12:09
06/16/20
06/16
12:09
06/16/20
12:09
POL

PolyOne

$26.29 /

+0.29 (+1.12%)

Stifel analyst Vincent…

Stifel analyst Vincent Anderson downgraded PolyOne to Hold from Buy with an unchanged price target of $25.

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POL PolyOne
$26.29 /

+0.29 (+1.12%)

POL PolyOne
$26.29 /

+0.29 (+1.12%)

05/28/20
Fly Intel: Top five analyst initiations
05/28/20 Morgan Stanley
Morgan Stanley starts 'defensive' PolyOne at Overweight with $30 price target
05/28/20 Morgan Stanley
PolyOne initiated with an Overweight at Morgan Stanley
03/23/20 Stifel
PolyOne upgraded to Buy at Stifel on product portfolio, cash generation
POL PolyOne
$26.29 /

+0.29 (+1.12%)

Over a month ago
Initiation
Fly Intel: Top five analyst initiations » 10:04
05/28/20
05/28
10:04
05/28/20
10:04
FUN

Cedar Fair

$32.99 /

-0.25 (-0.75%)

, SIX

Six Flags

$25.82 /

-1.54 (-5.63%)

, SEAS

SeaWorld

$19.65 /

-0.41 (-2.04%)

, AXLA

Axcella

$5.85 /

+0.705 (+13.70%)

, CPE

Callon Petroleum

$0.72 /

-0.0152 (-2.06%)

, THS

TreeHouse

$52.00 /

+0.385 (+0.75%)

, POL

PolyOne

$25.22 /

-0.54 (-2.10%)

Catch up on today's…

Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Cedar Fair (FUN) was initiated with a Buy at Goldman Sachs, while SeaWorld (SEAS) was initiated with a Neutral, and Six Flags (SIX) was initiated with a Sell. 2. Axcella (AXLA) initiated with an Outperform at Wedbush. 3. Callon Petroleum (CPE) initiated with a Buy at MKM Partners. 4. TreeHouse (THS) initiated with a Buy at DA Davidson. 5. PolyOne (POL) initiated with an Overweight at Morgan Stanley. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

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THS TreeHouse
$52.00 /

+0.385 (+0.75%)

SIX Six Flags
$25.82 /

-1.54 (-5.63%)

SEAS SeaWorld
$19.65 /

-0.41 (-2.04%)

POL PolyOne
$25.22 /

-0.54 (-2.10%)

FUN Cedar Fair
$32.99 /

-0.25 (-0.75%)

CPE Callon Petroleum
$0.72 /

-0.0152 (-2.06%)

AXLA Axcella
$5.85 /

+0.705 (+13.70%)

FUN Cedar Fair
$32.99 /

-0.25 (-0.75%)

05/28/20 Goldman Sachs
Cedar Fair initiated with a Buy at Goldman Sachs
05/21/20 Credit Suisse
Cedar Fair initiated with an Outperform at Credit Suisse
05/07/20 B. Riley FBR
Cedar Fair price target raised to $27 from $22 at B. Riley FBR
05/06/20 Stifel
Cedar Fair price target raised to $34 from $32 at Stifel
SIX Six Flags
$25.82 /

-1.54 (-5.63%)

05/28/20 Goldman Sachs
Six Flags initiated with a Sell at Goldman Sachs
05/26/20 William Blair
Six Flags announcement 'significant step forward,' says William Blair
05/21/20 Credit Suisse
Six Flags initiated with a Neutral at Credit Suisse
05/01/20 B. Riley FBR
Six Flags price target raised to $18.50 from $15.50 at B. Riley FBR
SEAS SeaWorld
$19.65 /

-0.41 (-2.04%)

05/28/20 Goldman Sachs
SeaWorld initiated with a Neutral at Goldman Sachs
05/21/20 Credit Suisse
SeaWorld initiated with a Neutral at Credit Suisse
04/28/20 Wells Fargo
SeaWorld price target lowered to $16 from $36 at Wells Fargo
04/20/20 KeyBanc
Six Flags price target lowered to $23 from $28 at KeyBanc
AXLA Axcella
$5.85 /

+0.705 (+13.70%)

05/28/20 Wedbush
Wedbush bullish on Axcella, initiates with an Outperform
05/27/20 Wedbush
Axcella initiated with an Outperform at Wedbush
05/01/20 BTIG
Axcella initiated with a Buy at BTIG
10/24/19
Citigroup to hold a conference call
CPE Callon Petroleum
$0.72 /

-0.0152 (-2.06%)

05/28/20 MKM Partners
Callon Petroleum initiated with a Buy at MKM Partners
05/27/20 MKM Partners
Callon Petroleum initiated with a Buy at MKM Partners
05/14/20 BofA
Callon Petroleum cut to Underperform, Ovintiv raised to Buy at BofA
05/14/20 BofA
Callon Petroleum downgraded to Underperform from Neutral at BofA
THS TreeHouse
$52.00 /

+0.385 (+0.75%)

05/27/20 DA Davidson
TreeHouse initiated with a Buy at DA Davidson
05/27/20 DA Davidson
TreeHouse initiated with a Buy at DA Davidson
05/08/20 SunTrust
TreeHouse price target raised to $55 from $50 at SunTrust
04/16/20
Fly Intel: Top five analyst upgrades
POL PolyOne
$25.22 /

-0.54 (-2.10%)

05/28/20 Morgan Stanley
Morgan Stanley starts 'defensive' PolyOne at Overweight with $30 price target
05/28/20 Morgan Stanley
PolyOne initiated with an Overweight at Morgan Stanley
03/23/20 Stifel
PolyOne upgraded to Buy at Stifel on product portfolio, cash generation
03/23/20 Stifel
PolyOne upgraded to Buy from Hold at Stifel
THS TreeHouse
$52.00 /

+0.385 (+0.75%)

SIX Six Flags
$25.82 /

-1.54 (-5.63%)

SEAS SeaWorld
$19.65 /

-0.41 (-2.04%)

POL PolyOne
$25.22 /

-0.54 (-2.10%)

FUN Cedar Fair
$32.99 /

-0.25 (-0.75%)

CPE Callon Petroleum
$0.72 /

-0.0152 (-2.06%)

AXLA Axcella
$5.85 /

+0.705 (+13.70%)

SIX Six Flags
$25.82 /

-1.54 (-5.63%)

SEAS SeaWorld
$19.65 /

-0.41 (-2.04%)

CPE Callon Petroleum
$0.72 /

-0.0152 (-2.06%)

THS TreeHouse
$52.00 /

+0.385 (+0.75%)

SIX Six Flags
$25.82 /

-1.54 (-5.63%)

SEAS SeaWorld
$19.65 /

-0.41 (-2.04%)

FUN Cedar Fair
$32.99 /

-0.25 (-0.75%)

CPE Callon Petroleum
$0.72 /

-0.0152 (-2.06%)

SIX Six Flags
$25.82 /

-1.54 (-5.63%)

SEAS SeaWorld
$19.65 /

-0.41 (-2.04%)

Initiation
Morgan Stanley starts 'defensive' PolyOne at Overweight with $30 price target » 08:10
05/28/20
05/28
08:10
05/28/20
08:10
POL

PolyOne

$25.76 /

+1.45 (+5.96%)

As previously reported,…

As previously reported, Morgan Stanley analyst Vincent Andrews initiated coverage of PolyOne with an Overweight rating and $30 price target. While PolyOne faces an "uncertain" 2020 and 2021, Andrews believes its favorable end-market exposure can keep its near-term volume decline at the lower end of the Chemical industry spectrum, he tells investors. The analyst, who still prefers a more defensive positioning, said "PolyOne fits into our defensive paradigm."

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POL PolyOne
$25.76 /

+1.45 (+5.96%)

POL PolyOne
$25.76 /

+1.45 (+5.96%)

05/28/20 Morgan Stanley
PolyOne initiated with an Overweight at Morgan Stanley
03/23/20 Stifel
PolyOne upgraded to Buy at Stifel on product portfolio, cash generation
03/23/20 Stifel
PolyOne upgraded to Buy from Hold at Stifel
03/23/20 Wells Fargo
PolyOne price target lowered to $23 from $42 at Wells Fargo
POL PolyOne
$25.76 /

+1.45 (+5.96%)

Initiation
PolyOne initiated with an Overweight at Morgan Stanley » 05:20
05/28/20
05/28
05:20
05/28/20
05:20
POL

PolyOne

$25.76 /

+1.45 (+5.96%)

Morgan Stanley initiated…

Morgan Stanley initiated coverage of PolyOne with an Overweight rating and $30 price target.

ShowHide Related Items >><<
POL PolyOne
$25.76 /

+1.45 (+5.96%)

POL PolyOne
$25.76 /

+1.45 (+5.96%)

03/23/20 Stifel
PolyOne upgraded to Buy at Stifel on product portfolio, cash generation
03/23/20 Stifel
PolyOne upgraded to Buy from Hold at Stifel
03/23/20 Wells Fargo
PolyOne price target lowered to $23 from $42 at Wells Fargo
01/14/20 Wells Fargo
PolyOne upgraded to Overweight from Equal Weight at Wells Fargo
POL PolyOne
$25.76 /

+1.45 (+5.96%)

Earnings
PolyOne reports Q1 adj. EPS 48c, consensus 44c » 06:45
04/21/20
04/21
06:45
04/21/20
06:45
POL

PolyOne

$19.51 /

-1.09 (-5.29%)

Reports Q1 revenue…

Reports Q1 revenue $711.5M, consensus $735.36M. "The COVID-19 pandemic is having a significant impact on the world and our first priority is the health and safety of our associates, customers and all stakeholders. We are strictly adhering to government guidelines and protocols as well as other preventative measures to help stop the spread of the virus," said Robert Patterson, chairman, president and CEO, PolyOne.

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POL PolyOne
$19.51 /

-1.09 (-5.29%)

03/23/20 Stifel
PolyOne upgraded to Buy at Stifel on product portfolio, cash generation
03/23/20 Stifel
PolyOne upgraded to Buy from Hold at Stifel
03/23/20 Wells Fargo
PolyOne price target lowered to $23 from $42 at Wells Fargo
01/14/20 Wells Fargo
PolyOne upgraded to Overweight from Equal Weight at Wells Fargo
Over a quarter ago
Upgrade
PolyOne upgraded to Buy at Stifel on product portfolio, cash generation » 15:25
03/23/20
03/23
15:25
03/23/20
15:25
POL

PolyOne

$15.07 /

+0.46 (+3.15%)

As previously reported,…

As previously reported, Stifel analyst Vincent Anderson upgraded PolyOne to Buy from Hold with a $34 price target. The analyst believes PolyOne's business model is relatively well-positioned to withstand the impact of COVID-19 owing to its solid exposure to packaging and healthcare products, and relatively low automobile exposure. Additionally, compounding and distribution businesses are highly cash-generative, and with the former likely to benefit from lower raw material prices in the current environment, he notes. Finally, while Anderson has held a relatively negative view of the Clariant masterbatch acquisition, management in its recent conference call left the door open to exiting the deal. A decision not to move forward with the purchase would leave the company with over $1B in cash to defend its share price and pursue more opportunistic bolt-on acquisitions, while avoiding levering its balance sheet at an inopportune time, offering further upside to already undervalued shares, he contends.

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POL PolyOne
$15.07 /

+0.46 (+3.15%)

03/23/20 Stifel
PolyOne upgraded to Buy from Hold at Stifel
03/23/20 Wells Fargo
PolyOne price target lowered to $23 from $42 at Wells Fargo
01/14/20 Wells Fargo
PolyOne upgraded to Overweight from Equal Weight at Wells Fargo
10/15/19 Wells Fargo
PolyOne initiated with a Market Perform at Wells Fargo
Upgrade
PolyOne upgraded to Buy from Hold at Stifel » 15:19
03/23/20
03/23
15:19
03/23/20
15:19
POL

PolyOne

$15.10 /

+0.49 (+3.35%)

Stifel upgraded PolyOne…

Stifel upgraded PolyOne to Buy from Hold.

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POL PolyOne
$15.10 /

+0.49 (+3.35%)

03/23/20 Wells Fargo
PolyOne price target lowered to $23 from $42 at Wells Fargo
01/14/20 Wells Fargo
PolyOne upgraded to Overweight from Equal Weight at Wells Fargo
10/15/19 Wells Fargo
PolyOne initiated with a Market Perform at Wells Fargo
10/15/19 Wells Fargo
PolyOne initiated with a Market Perform at Wells Fargo

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