Office Depot (ODP) and OfficeMax (OMX) Ripe for M&A
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Goldman Sachs Upgrades Staples, Inc. (SPLS) to Neutral
January 28, 2013 7:36 AM ESTGoldman Sachs upgraded Staples, Inc. (NASDAQ: SPLS) from Sell to Neutral with a price target of $14.00 (from $11.50).
The firm expect the multiple to remain above recent troughs if sentiment remains elevated among investors for potential consolidation. Also, a merger between ODP/OMX would... More
