Truist lowered the firm’s price target on Vail Resorts (MTN) to $217 from $234 and keeps a Buy rating on the shares after its Q2 earnings miss. The firm sees the additional downside likely from the sales pace of season-to-date lift ticket revenue decelerating further through March 1st, down 3.6% y/y, from the January 4th statistic of down 1.8% y/y, the analyst tells investors in a research note.
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