Blackhawk Network (HAWK) October 45 straddle priced for movement of 8% into Q3

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Blackhawk Network (HAWK) PT Lowered to $46 at BofA/Merrill Lynch Following 3Q Release

October 12, 2017 8:54 AM EDT

BofA/Merrill Lynch lowered its price target on Blackhawk Network (NASDAQ: HAWK) to $46.00 (from $50.00) while maintaining a Neutral rating following the company's 3Q earnings release. 3Q adjusted EPS of $0.18 was $0.07 above consensus, and compared to the guidance range of $0.07-0.11. The beat came from... More