Truist Securities Maintains Buy on Vail Resorts, Lowers Price Target to $265
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Patrick Scholes has maintained a Buy rating on Vail Resorts (NYSE:MTN) but lowered the price target from $290 to $265.
March 12, 2024 | 5:48 pm
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NEUTRAL IMPACT
Truist Securities maintains a Buy rating on Vail Resorts but lowers the price target from $290 to $265.
While the maintenance of a Buy rating suggests continued confidence in Vail Resorts' fundamentals and potential for growth, the reduction in price target could indicate concerns about near-term challenges or valuation adjustments. This mixed signal might lead to short-term market uncertainty for MTN's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100