From Yahoo Finance: 2025-06-01 17:59:00

Churchill Downs Incorporated (CHDN) is on Jim Cramer and Wall Street’s radar. Cramer referred to CHDN as a “one-trick pony,” but maintained a positive outlook. The company provides racing entertainment, online wagering, and casino gaming, along with technology and data services for wagering platforms.

On May 27, Citizens JMP lowered its price target on CHDN to $138 from $144, citing the removal of historical racing machines in Louisiana. This move was expected to impact annual EBITDA, but efforts are underway to mitigate the loss. Stay updated on CHDN’s performance in the market.

Read more: Jim Cramer and Wall Street Are Watching Churchill Downs Incorporated (CHDN)