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

Syeda Seirut Javed

Sun, Jun 1, 2025, 2:59 PM 1 min read

We recently published a list of 10 Stocks on Jim Cramer and Wall Street’s Radar. In this article, we are going to take a look at where Churchill Downs Incorporated (NASDAQ:CHDN) stands against other stocks on Jim Cramer and Wall Street’s radar.

Toward the end of April, Cramer called Churchill Downs Incorporated (NASDAQ:CHDN) a “one-trick pony,” as he said:

“Oh, you know what, that’s kind of, hey, it’s a one-trick pony. I’m not a fan, but I am a fan of yours.”

A city skyline looking down on a busy racetrack with jockeys on horseback.

Churchill Downs Incorporated (NASDAQ:CHDN) provides racing entertainment, online wagering, and casino gaming, including horse racing events, sports betting, and gaming at its properties. The company also offers technology and data services for wagering platforms and race operations.

On May 27, Citizens JMP cut its price target on Churchill Downs (NASDAQ:CHDN) to $138 from $144 and maintained an Outperform rating. The analyst noted that the company removed its historical racing machines in Louisiana, which were expected to generate $10 to $15 million in annual EBITDA. The firm added that efforts are in progress to recover the lost income.

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Disclosure: None. This article is originally published at Insider Monkey.