Barclays raised the firm’s price target on Churchill Downs (CHDN) to $132 from $131 and keeps an Overweight rating on the shares. The company reported strong Q3 results and the Victory Run announcement is a “critical step” in rebuilding sentiment around the Derby, the analyst tells investors in a research note.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CHDN:
- Churchill Downs Reports Strong Revenue Growth in Q3 2025
- Churchill Downs’ Earnings Call: Record Growth and Strategic Expansion
- Closing Bell Movers: Tesla and IBM fall as Q3 results disappoint
- Churchill Downs announces ‘Victory Run’ capital investment project
- Churchill Downs reports Q3 adjusted EPS $1.09, consensus 98c