Churchill Downs (CHDN) Tops Q2 EPS by 30c

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Churchill Downs (CHDN) PT Raised to $208 at Imperial Capital; Reiterates Outperform

July 28, 2017 7:53 AM EDT

Imperial Capital raised its price target on Churchill Downs (NASDAQ: CHDN) to $208.00 (from $184.00) while maintaining a Outperform rating following the company's 2Q. CHDN reported a strong 8.0% increase in adjusted EBITDA to $173.0mn from $160.2mn. The company reported EPS of $4.81 while revenues increased 3.1% to... More