Vail Resorts (MTN) PT Lowered to $162 at Jefferies

Jefferies analyst David Katz lowered the price target on Vail Resorts (NYSE: MTN) to $162.00 (from $165.00) while maintaining a Buy rating.

The analyst comments "We view 4Q26 results and FY27 guidance as positive for the shares. In particular, MTN's FY27 revenue outlook was meaningfully above our and the Street's estimates, likely reflecting a more favorable mix shift toward lift ticket revenue than previously assumed. We believe the shares reflect the worst case scenario including impaired weather and demand rather than the improved execution on a high-quality platform we expect in FY27-28. Reiterate Buy."

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