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Staples, Inc. (SPLS) [hlAlert]

Rating:
Market Perform
SPLS
down 38.07 %

Staples, Inc. (SPLS) downgraded to Market Perform with price target $12 by Telsey Advisory Group

Posted on: Tuesday,  Dec 8, 2015  8:25 AM ET by Telsey Advisory Group

Telsey Advisory Group rated Market Perform Staples, Inc. (NASDAQ: SPLS) on 12/08/2015. Previously Telsey Advisory Group rated Outperform Staples, Inc. (NASDAQ: SPLS)
on 02/05/2015., when the stock price was $16.65. Since then, Staples, Inc. has lost 38.08% as of 12/08/2015's recent price of $10.31.
If you would have followed the previous Telsey Advisory Group's recommendation on SPLS, you would have lost 38.07% of your investment in 306 days.

Staples.com is creating a leading business-to-business electronic marketplace offering a comprehensive solution for all of the officeneeds of business customers. Staples.com provides an electronic marketplace where small, mid-sized and large businesses can procure office products and business services and obtain business information and expert content. Staples.com includes the operations of all three of Staples Inc.'s e-commerce sites: Staples.com, Quillcorp.com and StaplesLink.com. (PRESS RELEASE)

Telsey Advisory Group
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/8/2015 8:25 AM Hold
None
10.31 12.00
as of 8/27/2015
1 Week down  -1.71 %
1 Month down  -17.44 %
3 Months down  -16.13 %
1 YTD down  -17.59 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/5/2015 8:25 AM Buy
None
16.65 23.00

(*) Stock Price at the time of the recommendation.
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