B of A Securities Maintains Buy on Churchill Downs, Lowers Price Target to $142
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Shaun Kelley maintains a Buy rating on Churchill Downs (NASDAQ:CHDN) but lowers the price target from $155 to $142.
July 31, 2023 | 4:25 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Despite a lowered price target from $155 to $142, B of A Securities maintains a Buy rating on Churchill Downs.
The news directly pertains to Churchill Downs (CHDN) as the company's price target has been lowered by B of A Securities. However, the analyst still maintains a Buy rating, indicating a positive outlook for the company despite the adjustment. This could lead to short-term uncertainty among investors, but the overall sentiment remains positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100