UPDATE: Jefferies & Company Reiterates Hold Rating, Raises PT on NetSpend Holdings

In a report published Monday, Jefferies & Company reiterated its Hold rating on NetSpend Holdings

, and raised its price target from $9.00 to $11.00. Jefferies noted, “The ‘Edge' provides investors in the Computer Services & IT Consulting space with unique insights into key upcoming events and potential catalysts for the sector, while also analyzing important developments from the most recent week.” NetSpend Holdings closed on Friday at $10.71.