Truist lowered the firm’s price target on Vail Resorts (MTN) to $234 from $237 and keeps a Buy rating on the shares. At next month’s early season update, the firm can “say with high certainty” that guidance will not be raised as the hoped-for Colorado and Utah resorts snowfall has not materialized. Given the weak start to Colorado and Utah, the firm believes it prudent to reduce earnings expectations to the lower-end of FY26 guidance, the analyst tells investors.
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