UBS Maintains Neutral on ODP, Raises Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Michael Lasser maintains a Neutral rating on ODP (NASDAQ:ODP) and raises the price target from $53 to $56.

November 09, 2023 | 7:42 pm
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NEUTRAL IMPACT
UBS analyst maintains a Neutral rating on ODP and raises the price target from $53 to $56.
The news directly pertains to ODP as UBS analyst Michael Lasser maintains a Neutral rating on the company and raises the price target. This suggests that the analyst sees potential in the company but also some risks, hence the neutral rating. The increase in price target could lead to a positive sentiment among investors, but the neutral rating might keep the stock price stable in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100