Office Depot Inc. (ODP) Downgraded by Zacks Investment Research to Hold

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    • Jan 2009
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    #1

    Office Depot Inc. (ODP) Downgraded by Zacks Investment Research to Hold

    According to Zacks, "Office Depot is well positioned to reap the benefits from its strategic initiatives undertaken. These include cost management, closing underperforming stores, reducing exposure to higher dollar-value inventory items, shuttering non-critical distribution facilities, concentrating on e-Commerce platforms as well as focusing on providing innovative products and services.


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