Vail Resorts price target lowered to $225 from $235 at Macquarie

Macquarie analyst Paul Golding lowered the firm’s price target on Vail Resorts to $225 from $235 and keeps a Neutral rating on the shares. The firm moderated Vail’s Mountain segment sales growth assumptions for fiscal 2024, as it sees a warmer than expected start to the Tahoe winter, “late-reflating” international travel, and tough pass compares as potential headwinds overall this season.

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