Barclays lowered the firm’s price target on Vail Resorts (MTN) to $138 from $140 and keeps an Underweight rating on the shares post the fiscal Q2 report. The company issued a weaker than expected outlook for fiscal 2026, though all due to “known record-poor weather,” the analyst tells investors in a research note. The firm believes investor focus will now turn to Vail’s 2026 and 2027 Pass launch, which is seeing more discounting.
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- Vail Resorts reports season-to-date total skier visits down 11.9% y/y
- Vail Resorts backs FY26 core capital plan of $215M-$220M
- Vail Resorts reports Q2 EPS $5.87, consensus $6.15
- Vail Resorts sees FY26 total reported EBITDA $747M-783M
