Churchill Downs Incorporated Reports 2016 Fourth Quarter and Full Year Results

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Churchill Downs (CHDN) PT Raised to $169 at Imperial Capital Following 4Q

March 2, 2017 6:46 AM EST

Imperial Capital raised its price target on Churchill Downs (NASDAQ: CHDN) to $169.00 (from $165.00) while maintaining a Outperform rating. CHDN reported an increase of 5.4% in adjusted EBITDA for 4Q16, to $56.5mn from $53.6mn. The company reported EPS of $1.60 while revenues increased 2.2% to $278.3mn from... More