JP Morgan Downgrades Vail Resorts to Underweight, Lowers Price Target to $176
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Matthew Boss has downgraded Vail Resorts (NYSE:MTN) from Neutral to Underweight and lowered the price target from $217 to $176.
June 07, 2024 | 1:22 pm
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NEGATIVE IMPACT
JP Morgan analyst Matthew Boss downgraded Vail Resorts from Neutral to Underweight and reduced the price target from $217 to $176.
The downgrade from Neutral to Underweight and the significant reduction in the price target from $217 to $176 by a major financial institution like JP Morgan is likely to negatively impact investor sentiment and the stock price of Vail Resorts in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100