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Jefferies Reiterating Buy Rating On United Stationers

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In a report published by Jefferies, United Stationers (NASDAQ: USTR) is winning from the middle and enabling resellers to sell more.

Jefferies said that it believes USTR shares should move higher from current levels as sales and gross margin improve. “Key market share initiatives should support growth beyond any improvement in the broader economy; improvement in labor could add to upside in 2011. Following our NDR with management in Denver, we are reiterating our Buy recommendation.”

United Stationers closed yesterday at $66.01.

 

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Posted-In: Jefferies united stationersAnalyst Color Analyst Ratings

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