JPMorgan lowered the firm’s price target on Churchill Downs (CHDN) to $128 from $130 and keeps an Overweight rating on the shares. The firm adjusted price targets in the gaming space ahead of the Q3 reports. It is most constructive on shares of Red Rock Resorts (RRR), Wynn Resorts (WYNN), and Rush Street Interactive (RSI) heading into the prints.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CHDN:
- Everi enters seven-year relationship with Churchill Downs
- Churchill Downs: Strong Growth Potential and Strategic Positioning Drive Buy Rating
- Churchill Downs management to meet with Truist
- Nevada reports August gaming win up 5.49% to $1.23B
- Nevada reports July statewide gaming win up 3.99% to $1.36B