Blackhawk Announces Fourth Quarter and Full Year 2016 Financial Results
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Jefferies Reiterates Buy Rating and $43 PT on BlackHawk Network (HAWK) Following Q4 Report
February 16, 2017 7:19 AM ESTJefferies analyst Ramsey El-Assal maintains Buy rating and $43 price target on BlackHawk Network Holdings (NASDAQ: HAWK), suggesting the Target deal offers potential upside for 2018, despite the company providing EPS 2016 fourth quarter results and 2017 guidance below consensus.
El Assal comments, "Q4... More
Credit Suisse Downgrades Blackhawk Network (HAWK) to Neutral on Light Guidance
February 16, 2017 6:25 AM ESTCredit Suisse downgraded Blackhawk Network (NASDAQ: HAWK) from Outperform to Neutral with a price target of $36.00 (from $37.00) amid light guidance.
Analyst Paul Condra commented, "We had been optimistic that 2017 EPS guidance would be in the range of $1.80-$2.00 (we were at $1.94 and Consensus was at $1.88), which we viewed as necessary to keep the stock stable. Actual guidance of $1.56-$1.70 was... More
