Morgan Stanley Initiates Coverage On Vail Resorts with Equal-Weight Rating, Announces Price Target of $272
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Megan Alexander has initiated coverage on Vail Resorts (NYSE:MTN) with an Equal-Weight rating and a price target of $272.
September 28, 2023 | 1:05 pm
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NEUTRAL IMPACT
Morgan Stanley has initiated coverage on Vail Resorts with an Equal-Weight rating and a price target of $272.
The initiation of coverage by Morgan Stanley is a significant event for Vail Resorts. The Equal-Weight rating suggests that the analyst believes the stock is fairly valued at current levels. The price target of $272 indicates where the analyst believes the stock will trade in the near future. This could influence investor sentiment and potentially impact the stock's price, but the direction of the impact is not clear from the news.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100