SunTrust analyst C. Patrick Scholes raised his price target on Vail Resorts to $280 and kept his Buy rating to reflect his model changes from rolling forward his valuation target year to 2021 and from its Peaks acquisition. The analyst notes that after two seasons of weak early snowfall, followed by much improved conditions in 2018/19, the company stands to benefit this coming season, particularly as "destination visitor" outspends the local skier. Scholes notes that season pass sales have seen a "solid start", rising about 14% in units and 15% in sales dollars relative to last year through Sept. 22nd.