Vail Resorts Reports Fiscal 2024 Third Quarter Results, Provides Updated Fiscal 2024 Guidance, and Provides Early Season Pass Sales Results

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Go back to Vail Resorts Reports Fiscal 2024 Third Quarter Results, Provides Updated Fiscal 2024 Guidance, and Provides Early Season Pass Sales Results

Vail Resorts (MTN) PT Lowered to $191 at CFRA

June 10, 2024 9:02 AM EDT

CFRA analyst Siye Desta lowered the price target on Vail Resorts (NYSE: MTN) to $191.00 (from $232.00) while maintaining a Hold rating.

The analyst comments "We cut our 12-month target to $191 from $232 on FY 25 (Jul.) EV/EBITDA of 10.3x, below MTN's 10-year average forward... More