Citi Maintains Office Depot Hold (ODP)

Citi maintained its Office Depot ODP Hold rating in a research report published today. In the report, Citi states, "We maintain our Hold rating as 1) the company continues to face headwinds from a tough business environment and 2) share gains from industry leader SPLS and OfficeMax, 3) valuation discipline." Shares of Office Depot were trading at $5.78 at the time of posting, up 5.67% from last Friday's market close.