Bank Of America Downgrades Vail Resorts To Neutral

According to Bank of America, Vail Resorts MTN is downgraded to Neutral. Bank of America said that it is downgrading MTN to Neutral from Buy. “We believe a more difficult near term pricing environment than originally thought, rising oil prices, and a lack of catalysts could create near term headwinds as the company enters its seasonally slow spring/summer months.” Vail Resorts closed yesterday at $48.07.