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Fly News Breaks for June 7, 2019
CHDN
Jun 7, 2019 | 08:34 EDT
Jefferies analyst David Katz raised his price target for Churchill Downs to $126 from $110 and keeps a Buy rating on the shares. The passage of gaming expansion legislation in Illinois presents some important opportunities for Churchill's 62% stake in Rivers Casinos in Des Plaines, Katz tells investors in a research note. His new price target reflect the company's based on the opportunities in the state.