Stifel Nicolaus Downgrades Vail Resorts (MTN)

Stifel Nicolaus Downgrades Vail Resorts (MTN)

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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.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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