BofA Downgrades Vail Resorts to Neutral and Adjusts Price Target
Friday, 8 March 2024, 12:41
BofA Downgrades Vail Resorts
Bank of America has downgraded shares of Vail Resorts (MTN) from 'buy' to 'neutral'. This decision was made due to the challenges and risks the company is facing surrounding its F24 guidance, especially with weak visitation numbers.
Price Objective Adjusted
The brokerage also decreased the price objective by $35, signaling a shift in sentiment towards the stock's performance.
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