Churchill Downs Inc (NASDAQ:CHDN) reported better-than-expected earnings for the first quarter, after the closing bell on Wednesday.

The company posted quarterly earnings of $1.21 per share which beat the analyst consensus estimate of $1.00 per share. The company reported quarterly sales of $663.000 million which beat the analyst consensus estimate of $662.185 million.

Churchill Downs shares gained 3.2% to trade at $101.06 on Friday.

These analysts made changes to their price targets on Churchill Downs following earnings announcement.

  • Citizens analyst Jordan Bender maintained Churchill Downs with a Market Outperform and raised the price target from $146 to $149.
  • Mizuho analyst Ben Chaiken maintained the stock with an Outperform rating and raised the price target from $146 to $155.

Considering buying CHDN stock? Here’s what analysts think:

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