Churchill Downs price target raised to $131 from $127 at Barclays

Barclays raised the firm’s price target on Churchill Downs (CHDN) to $131 from $127 and keeps an Overweight rating on the shares. The company reported a solid Q2 with accelerating share repurchases and is taking steps toward rebuilding confidence in the Derby’s outlook, the analyst tells investors in a research note. The firm believes the earnings print should begin to improve sentiment for the shares.