KeyBanc Upgrades Staples To Overweight

KeyBanc upgraded

from Sector Weight to Overweight. The price target for Staples is set to $20. Staples shares have gained 35.86% over the past 52 weeks, while the S&P 500 index has surged 9.36% in the same period. Staples' shares rose 2.18% to $16.64 in pre-market trading.