Racetrack operator Churchill Downs (NASDAQ:CHDN) has avenues for equity upside and warrants a premium valuation relative to peers. Medina Spirit, ridden by jockey John Velazquez, pulls ahead to win the Kentucky Derby this May. An analyst is positive on Churchill Downs stock. (Image: Associated Press)Those are the sentiments of Macquarie analyst Jordan Bender, who, in […]
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