Janco Partners Reiterate Accumulate, $51 PT on Vail Resorts Ahead of Earnings
Janco Partners maintains its Accumulate rating on Vail Resorts (NYSE: MTN) and reiterates its $51 price target on shares.
Janco Partners says, "Vail Resorts has faced significant headwinds this year due to dismal snow fall and a struggling economy. Despite the pressures facing the Company this season, we still believe Vail Resorts has maintained a disciplined focus on operations that will allow it to soften the blow delivered by low snowfall, by driving season pass sales, attracting international visitors and continuing to invest in its world class resorts."
MTN closed at $42,70 on Monday.
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