Barclays analyst Brandt Montour lowered the firm’s price target on Vail Resorts to $222 from $232 and keeps an Underweight rating on the shares. The analyst says a "more challenged" ski season than expected drove a substantial miss and guide-down. The firm believes its longer-term concerns remain intact.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on MTN:
- Vail Resorts lowers FY23 net income view to $282M-$328M from $321M-$396M
- Vail Resorts raises dividend 8%, increases share buyback authorization by 2.5M
- Vail Resorts reports Q2 EPS $5.16, consensus $6.10
- Vail Resorts Reports Fiscal 2023 Second Quarter Results, Increases Quarterly Dividend and Share Repurchase Authorization, and Provides Updated Fiscal 2023 Guidance
- George Soros Makes Major Changes to His Stock Positions
