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.
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Posted In: Analyst ColorAnalyst RatingsBank of AmericaConsumer DiscretionaryLeisure FacilitiesVail Resorts Inc.
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