Mizuho analyst Ben Chaiken initiated coverage of Vail Resorts with a Buy rating and $256 price target. The analyst believes market concerns surrounding the company’s core growth are exaggerated. Vail has significant pricing power in its Epic Pass as well as “untapped and underappreciated upside” from better capturing ancillary spend, the analyst tells investors in a research note.
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- Vail Resorts price target lowered to $263 from $268 at Stifel
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- Vail Resorts price target lowered to $242 from $248 at Morgan Stanley
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