JMP Securities analyst Jordan Bender raised the firm’s price target on Churchill Downs to $150 from $148 and keeps an Outperform rating on the shares. Churchill Downs’ EBITDA of $219M exceeded consensus estimates for the quarter, and JMP found comments from the CEO encouraging around ticket pricing, volume, and offering for the upcoming Kentucky Derby, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on CHDN:
- Churchill Downs to open Owensboro Racing & Gaming in 1Q25
- Churchill Downs Incorporated Announces Development Plans for Owensboro Racing & Gaming
- Churchill Downs receives approval to open Phase One of The Rose Gaming Resort
- Churchill Downs reports Q4 adjusted EPS 86c, consensus 74c
- Churchill Downs Incorporated Reports 2023 Fourth Quarter and Full Year Results