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Fly News Breaks for September 27, 2019
MTN
Sep 27, 2019 | 09:32 EDT
Deutsche Bank analyst Chris Woronka raised his price target for Vail Resorts to $281 from $261 saying the pace of pass sales remains bullish. Despite some "usual pessimism" surrounding Vail's ability to continue driving strong pass sales in the spring/summer period, the company actually reported acceleration in the pace of sales since the early June update, Woronka tells investors in a research note. The analyst says the key tenets of the bull case "remain very much intact" and he keeps a Buy rating on shares of Vail Resorts.
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