Office Depot (ODP) Tops Q4 EPS by 3c
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Office Depot (ODP) Numbers Raised at Jefferies Post Q4; 'Hold' Maintained
February 25, 2015 8:22 AM ESTJefferies analyst Daniel Binder bumped estimates and his price target on Office Depot (NASDAQ: ODP) to $9.50 (from $6.50) but maintained a Hold rating on the stock.
Binder commented, "Sales were 2% below expectation due mostly to FX headwinds. Adjusting for FX, top-line remained weak, reflecting store... More
