Vail Resorts, the Consumer Cyclical sector company, was revisited by a Wall Street analyst today. Analyst Arpine Kocharyan from UBS maintained a Hold rating on the stock and has a $169.00 price target.
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Arpine Kocharyan has given his Hold rating due to a combination of factors related to Vail Resorts’ current snow conditions and operational performance. The UBS Vail Resorts Snow Monitor indicates that snow levels are slightly above last year’s, which had a decent start to the ski season, particularly in the western regions. This suggests a stable outlook for the upcoming season, with snow cover mostly aligning with historical averages.
Additionally, Vail Resorts is opening most of its resorts earlier than last year, which could positively impact early season operations. However, the slight variations in opening dates and the mixed snow cover trends in different regions may contribute to a cautious approach. These factors, combined with financial metrics such as net debt to EBITDA, lead to a balanced perspective, justifying the Hold rating.
Kocharyan covers the Consumer Cyclical sector, focusing on stocks such as Six Flags Entertainment Corporation, Vail Resorts, and Planet Fitness. According to TipRanks, Kocharyan has an average return of 1.9% and a 45.61% success rate on recommended stocks.
In another report released on October 30, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $157.00 price target.