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Fly News Breaks for January 22, 2018
HAWK
Jan 22, 2018 | 06:47 EDT
Citi analyst Ashwin Shirvaikar downgraded Blackhawk Network to Neutral following the takeover by private equity. The company's specialty nature is likely to limit the possibility of potential strategic bidders stepping forward, Shirvaikar tells investors in a research note. The analyst lowered his price target for the shares to $45.25 from $47.
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