Kraton Performance Polymers advances after S&P revises outlook Shares of Kraton Performance Polymers (KRA) are one of today's few winners in a down market after S&P revised its outlook on the company to Positive from Stable earlier today. The company’s polymers are found in products ranging from diapers to adhesives to roofing products. WHAT'S NEW: Kraton's plan to combine with LCY Chemical's sytrenic block copolymers assets could improve Kraton's financial risk, S&P stated in a press release. The firm affirmed its B+ corporate credit rating on the company. ANOTHER TO WATCH: Another polymer maker is PolyOne (POL). PRICE ACTION: In mid-afternoon trading, Kraton climbed 49c, or about 2%, to $25.50.
PolyOne added to Priority Stock List at Wells Fargo Wells Fargo added PolyOne to its Priority Stock List saying the recent pullback in shares is overdone. The firm see san attractive entry point at levels and keeps an Outperform rating on the name.