Jefferies & Co Upgrades Staples (SPLS) to Buy

May 14, 2008 8:19 AM EDT

Jefferies & Co upgrades Staples (Nasdaq: SPLS) from Hold to Buy, citing positive earnings outlook from increased chances of acquiring CXP. Price target $28.

(NOTE - SPLS said 2009 earnings would be positively impacted if the company acquired CXP with its current offer)


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SPLS 23.34

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