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Barclays Sticks to Its Buy Rating for Churchill Downs (CHDN)

Tipranks - Tipranks - Fri Apr 17, 1:26AM CDT

Barclays analyst Brandt Montour maintained a Buy rating on Churchill Downs today and set a price target of $132.00.

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Montour covers the Consumer Cyclical sector, focusing on stocks such as Norwegian Cruise Line, DraftKings, and Vail Resorts. According to TipRanks, Montour has an average return of 6.5% and a 52.67% success rate on recommended stocks.

In a report released on April 14, Stifel Nicolaus also maintained a Buy rating on the stock with a $137.00 price target.

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Based on Churchill Downs’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $665.9 million and a net profit of $49.8 million. In comparison, last year the company earned a revenue of $624.2 million and had a net profit of $71.7 million

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