Goldman Sachs Downgrades Staples, Inc. (SPLS) to Sell
Tweet
Share
E-mailGet Alerts SPLS Hot Sheet
Price: $56.16 -0.07%
Rating Summary:
3 Buy, 15 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
3 Buy, 15 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
Goldman Sachs downgraded Staples, Inc. (NASDAQ: SPLS) from Neutral to Sell with a price target of $15.75 (down from $17).
The firm expects the company to face sluggish demand as core supplies categories remain in a period of secular stagnation. Goldman expects "flattish," which is near the lower end of the group.
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 $16.01 yesterday.
The firm expects the company to face sluggish demand as core supplies categories remain in a period of secular stagnation. Goldman expects "flattish," which is near the lower end of the group.
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 $16.01 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Wells Fargo Downgrades Roku Inc. (ROKU) to Equal Weight
- Desjardins Downgrades Alithya Group Inc. (ALYA:CN) (ALYA) to Hold
- Lake Street Downgrades SoundThinking (SSTI) to Hold
Create E-mail Alert Related Categories
Downgrades, Hot DowngradesRelated Entities
Goldman SachsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
