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Enter Symbol:
Rating: SPLS
Neutral $12

Staples, Inc. (NASDAQ: SPLS) reiterated to Neutral with price target $12 by UBS

Friday,  Mar 7, 2014  11:25 AM ET by Betsy O'Brien Harrison

UBS reiterated Staples, Inc. (NASDAQ: SPLS) to Neutral with price target $12. Previously UBS reiterated Staples, Inc.
(NASDAQ: SPLS) to Neutral with price target $16 on 11/15/2013, when the stock price was $15.59. Since then, Staples, Inc.'s stock price has lost 26% as of 03/07/2014's recent price of $11.48. is creating a leading business-to-business electronic marketplace offering a comprehensive solution for all of the officeneeds of business customers. 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. includes the operations of all three of Staples Inc.'s e-commerce sites:, and (PRESS RELEASE)

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.

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