UPDATE: Citigroup Lowers PT on Blackhawk Network Following Mixed Quarter Results
October 11, 2013 at 11:34 AM EDT
In a report published Friday, Citigroup analyst Ashwin Shirvaikar reiterated a Neutral rating on Blackhawk Network Holdings (NASDAQ: HAWK ), but lowered the price target from $26.00 to $25.00. In the report, Citigroup noted, “HAWK reported another mixed quarter with revenues missing consensus despite a recovery in load volume growth
