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Fly News Breaks for September 3, 2015
HAWK
Sep 3, 2015 | 07:10 EDT
After Blackhawk's stock fell 15% since July 31, Wells Fargo believes that the stock has reached an attractive entry point. The firm thinks that several factors will enable the company to meet or exceed 2016 expectations, including higher than expected accretion from its Achievers deal and the rollout of several initiatives, one of which is the launch of a distribution deal with Whole Foods (WFM). Wells keeps an Outperform rating on Blackhawk.
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