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Fly News Breaks for March 11, 2019
MTN
Mar 11, 2019 | 07:30 EDT
KeyBanc analyst Brett Andress reiterated an Overweight rating on Vail Resorts and raised his price target to $240 from $225 after the company's Q2 results beat "tempered" expectations. In a research note to investors, Andress says that while the Epic Day Pass average selling price impact will stay a point of contention heading toward Q3's early pass results, he views the product favorably long-term as it ultimately expands Vail's customer acquisition funnel.
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