Piper Jaffray Maintains Neutral Rating And PT Of $23 On Staples (SPLS)

In a recent report, Piper Jaffray has maintained a Neutral rating and $23.00 price target on Staples SPLS prior to SPLS Q1 earnings call. In the report, Piper Jaffray said, "Despite some positive signs in macroeconomic indicators, we believe SPLS continues to be negatively impacted by difficult domestic employment trends." Staples closed yesterday at $20.40.