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BidaskClub downgraded Blackhawk Network Holdings Inc (NASDAQ:HAWK) to Hold in a report released today.

Just yesterday Blackhawk Network Holdings Inc (NASDAQ:HAWK) traded -0.44% lower at $41.00. Blackhawk Network Holdings Inc’s 50-day moving average is $43.58 and its 200-day moving average is $41.63. The last closing price is down 8.81% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 74,986 shares of HAWK traded hands, down from an average trading volume of 471,072

BidaskClub has downgraded Blackhawk Network Holdings Inc (NASDAQ:HAWK) to Hold in a report released on Wednesday June 21, 2017.

Recent Performance Chart

Blackhawk Network Holdings Inc (NASDAQ:HAWK)

Blackhawk Network Holdings Inc has 52 week low of $28.88 and a 52 week high of $46.70 and has a market capitalization of $0.

In addition to BidaskClub reporting its stock price target, a total of 10 brokers have issued a research note on the company. The average stock price target is $40.50 with 5 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 3 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On Blackhawk Network Holdings Inc (NASDAQ:HAWK)

Blackhawk Network Holdings, Inc. is a prepaid payment network. The Company operates through three segments: U.S. Retail, International, and Incentives & Rewards. The U.S. Retail segment is engaged in the sale of prepaid products to consumers at its retail distribution partners and online and the sale of telecom handsets to retail distribution partners for resale to consumers. Its Incentives & Rewards segment is engaged in the sale of prepaid products, software and services to its business clients. It distributes closed loop gift cards in categories, including digital media and e-commerce, dining, electronics, entertainment, fashion and travel. It distributes a range of prepaid wireless or cellular cards. It also provides reloads for reloadable prepaid products, including prepaid telecom accounts and general-purpose reloadable cards. Its incentives businesses provide software, consulting services, program management, reward processing and reward fulfillment to its business clients.

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