UPDATE: D.A. Davidson & Co. Reiterates on Polypore International as Results are Helped by License Benefit

In a report published Tuesday, D.A. Davidson & Co. analyst Avinash Kant reiterated a Neutral rating on Polypore International (NYSE: PPO ), but lowered the price target from $38.00 to $33.00. In the report, D.A. Davidson & Co. noted, “PPO reported Q4:CY13 EPS from continuing operations of $0.31 on revenues