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Investment analysts at Deutsche Bank boosted their price target on shares of Blackhawk Network Holdings (NASDAQ:HAWK) from $29.00 to $34.00 in a note issued to investors on Friday. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price objective would suggest a potential upside of 24.77% from the stock’s previous close.

Several other analysts have also recently commented on the stock. Analysts at Goldman Sachs initiated coverage on shares of Blackhawk Network Holdings in a research note on Tuesday. They set a “neutral” rating on the stock. Separately, analysts at Susquehanna upgraded shares of Blackhawk Network Holdings from a “negative” rating to a “neutral” rating in a research note on Thursday, June 26th. They now have a $24.00 price target on the stock, up previously from $20.00. Finally, analysts at Zacks upgraded shares of Blackhawk Network Holdings from an “underperform” rating to a “neutral” rating in a research note on Monday, April 28th. They now have a $24.40 price target on the stock. Seven research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $26.16.

Blackhawk Network Holdings (NASDAQ:HAWK) traded up 1.21% on Friday, hitting $27.58. 110,985 shares of the company’s stock traded hands. Blackhawk Network Holdings has a 52-week low of $20.25 and a 52-week high of $29.73. The stock’s 50-day moving average is $26.05 and its 200-day moving average is $25.63. The company has a market cap of $1.451 billion and a price-to-earnings ratio of 28.84.

Blackhawk Network Holdings (NASDAQ:HAWK) last released its earnings data on Wednesday, April 23rd. The company reported $0.05 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.05. The company had revenue of $233.10 million for the quarter, compared to the consensus estimate of $237.99 million. Blackhawk Network Holdings’s revenue was up 25.9% compared to the same quarter last year. Analysts expect that Blackhawk Network Holdings will post $1.23 EPS for the current fiscal year.

Blackhawk Network Holdings, Inc is a prepaid payment network utilizing technology to offer a range of gift cards, other prepaid products and payment services in the United States and 18 other countries.

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