Telsey Advisory Group Upgrades Office Depot To Outperform

Telsey Advisory Group upgraded Office Depot Inc ODP from Market Perform to Outperform. Office Depot shares have gained 58.47 percent over the past 52 weeks, while the S&P 500 index has surged 7.73 percent in the same period. Office Depot shares closed at $8.89 in after-hours trading.