Increasing unusual put option volume: MON ODP OCN HRB MNKD SHOP VGK STM FTK

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Office Depot (ODP) PT Lowered to $4.15 at Jefferies Following Proposed Acquisition

October 5, 2017 7:14 AM EDT

Jefferies lowered its price target on Office Depot (NASDAQ: ODP) to $4.15 (from $5.00) while maintaining a Hold rating following a proposed acquisition of CompuCom. Analyst Daniel Binder believes that there is a decent strategic fit here that could create revenue synergies, as ODP... More