Citi Upgrades Staples, Inc. (SPLS) to Neutral

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Citi upgraded Staples, Inc. (NASDAQ: SPLS) from Sell to Neutral.

Analysts the Office Max (NYSE: OMX) / Office Depot (NYSE: OPD) merger could benefit Staples. However, chances for an LBO are low.

For an analyst ratings summary and ratings history on Staples, Inc. click here. For more ratings news on Staples, Inc. click here.

Shares of Staples, Inc. closed at $14.65 yesterday, with a 52 week range of $10.57-$16.93.

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