Mizuho analyst Ben Chaiken initiated coverage of Vail Resorts with a Buy rating and $256 price target. The analyst believes market concerns surrounding the company’s core growth are exaggerated. Vail has significant pricing power in its Epic Pass as well as “untapped and underappreciated upside” from better capturing ancillary spend, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MTN:
- Vail Resorts Annual Investor Conference Insights
- Vail Resorts price target lowered to $244 from $253 at Deutsche Bank
- Vail Resorts price target lowered to $263 from $268 at Stifel
- Vail Resorts price target lowered to $265 from $290 at Truist
- Vail Resorts price target lowered to $242 from $248 at Morgan Stanley
