UPDATE: Jefferies Raises Price Target Blackhawk Network Holdings On The Weekly 'Edge'

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In a report published Monday, Jefferies analyst Jason Kupferberg reiterated a Buy rating on

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Blackhawk Network Holdings Inc

(NASDAQ: HAWK), and raised the price target from $39.00 to $42.00.In the report, 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.”Blackhawk Network Holdings closed on Friday at $36.70.