Stifel Nicolaus Downgrades Vail Resorts (MTN)
Stifel Nicolaus reported on Friday that it has downgraded winter resort company, Vail Resorts, Inc. (MTN).
The firm has lowered its rating on MTN from a “Buy” to a “Hold.” Analysts have downgraded the company based on valuation.
Vail Resorts shares were mostly flat during premarket trading Friday. The stock has increased 36% in the past year.
The Bottom Line
Shares of Vail Resorts, Inc. (MTN) have a 1.34% yield, based on Thursday’s closing price of $61.75.
Vail Resorts, Inc. (MTN) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.
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