Hillary Clinton holds off Bernie Sanders in Nevada Democratic caucuses
Democratic U.S. presidential candidate Hillary Clinton meets with civil rights leaders at the National Urban League in the Manhattan borough of New York City, on Feb. 16, 2016. (Reuters/Mike Segar)

CBS and MSNBC declared former Secretary of State Hillary Clinton the winner of the Nevada caucuses.

Clinton has rebounded from her loss in the New Hampshire Democratic primary last week to beat Sen. Bernie Sanders in Saturday's Nevada party caucuses. CBS projected Clinton the winner at 5:20 p.m. Eastern Time.

The contest was tight all week, reflecting the narrowing of Clinton's national lead in the race for the Democratic presidential nomination. As recently as Thursday, Real Clear Politics reported that she only led Sanders by two percentage points.

MSNBC made the call with 60 percent of precincts reporting.