UBS lowered the firm’s price target on Vail Resorts (MTN) to $169 from $185 and keeps a Neutral rating on the shares. Pass unit growth is likely to remain in negative territory for the ’25-’26 ski season, and Vail’s 7% pricing could translate into a 2%-3% net pricing increase given the Epic pass mix, the analyst tells investors in a research note. The firm estimates underlying same-store visitation down -2% to -3%for Vail this year after what has been an overall decent ski season and snow conditions throughout the season.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MTN:
- Vail Resorts Earnings Call: Stability Amid Challenges
- Vail Resorts price target lowered to $146 from $152 at Morgan Stanley
- Vail Resorts price target lowered to $244 from $247 at Truist
- Vail Resorts: Navigating Strategic Adjustments with a Hold Rating
- Cautious Outlook for Vail Resorts Amid Leadership Changes and Financial Adjustments
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue