JMP Securities Maintains Outperform on Churchill Downs, Lowers Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Jordan Bender maintains an 'Outperform' rating on Churchill Downs (NASDAQ:CHDN) but lowers the price target from $155 to $150.
September 14, 2023 | 3:44 pm
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Churchill Downs' price target has been lowered from $155 to $150 by JMP Securities, though the 'Outperform' rating is maintained.
The lowering of the price target by JMP Securities could potentially create a negative sentiment among investors. However, the maintained 'Outperform' rating indicates that the analyst still sees potential upside for the stock, which could balance out any negative sentiment.
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