Office Depot, Inc. (ODP) Tops Q1 EPS by 4c; Adjusts Outlook

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Office Depot (ODP) PT, Estimates Raised at Jefferies

May 7, 2014 8:37 AM EDT

Jefferies analyst Daniel Binder bumped his price target on Office Depot (NYSE: ODP) to $5.25 (from $5.00) while reiterating a Hold rating following Q1 results which beat low expectations despite plenty of 1x items.

Binder comments, "Management set a low bar at the... More

Credit Suisse Upgrades Office Depot (ODP) to Outperform

May 7, 2014 6:43 AM EDT

Credit Suisse upgraded Office Depot (NYSE: ODP) from Neutral to Outperform.

For an analyst ratings summary and ratings history on Office Depot click here. For more ratings news on Office Depot click here.

Shares of Office Depot closed at $4.83 yesterday.

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Goldman Sachs Comments on Office Depot's Q1 (ODP) (SPLS)

May 6, 2014 9:20 AM EDT

Goldman Sachs maintained a Neutral rating on Office Depot (NYSE: ODP) with a price target of $4.75. Comments follow strong Q1 results. Analyst Matthew J. Fassler also commented briefly on implications for Staples, Inc. (NASDAQ: SPLS).

"ODP reported 1Q2014 results... More