It has been two months since the operator's Rose casino hotel in Dumfries, Virginia opened to the public, and although there have been some bumps in the road, the new gaming establishment is showing encouraging signs. He reaffirmed his "buy" recommendation on the stock with a price target of $164 in a recent report to clients. That suggests a 24% increase from the current levels.
Although it is still in its early stages, The Rose's early trajectory suggests the venue could live up to its billing as a catalyst for Churchill stock. Churchill's venues in Kentucky and Virginia are widely regarded as growth drivers for the operator.
Although it is still in its early stages, The Rose's early trajectory suggests the venue could live up to its billing as a catalyst for Churchill stock. Churchill's venues in Kentucky and Virginia are widely regarded as growth drivers for the operator.
