Barclays analyst Brandt Montour lowered the firm’s price target on Vail Resorts to $201 from $217 and keeps an Underweight rating on the shares following the fiscal Q2 report. The analyst says the company issued a worse than expected fiscal year guide-down on poor weather and unrelated demand softness. The firm came away “less than reassured that guidance is fully de-risked” and incrementally concerned over next year’s pass sales.
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