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Vail Resorts, Inc. (MTN) [hlAlert]

Rating:
Neutral MTN
down 31.06 %

Vail Resorts, Inc. (MTN) downgraded to Neutral by Banc of America Sec

Posted on: Tuesday,  Jul 15, 2008  8:25 AM ET by Banc of America Sec

Banc of America Sec rated Neutral Vail Resorts, Inc. (NYSE: MTN) on 07/15/2008. Previously Banc of America Sec rated Buy Vail Resorts, Inc. (NYSE:
MTN) on 06/04/2008., when the stock price was $47.38. Since then, Vail Resorts, Inc. has lost 31.07% as of 07/15/2008's recent price of $32.66.
If you would have followed the previous Banc of America Sec's recommendation on MTN, you would have lost 31.06% of your investment in 41 days.

Vail Resorts, Inc. is a public holding company. The Company?s operations are grouped into three business segments: Mountain, Lodging and Real Estate. The Company's Mountain segment owns and operates five ski resort properties, as well as ancillary businesses, including ski school, dining and retail/rental operations, which provide a resort experience to the clients. The Company's Lodging segment owns and/or manages a collection of luxury hotels under its RockResorts brand, as well as other lodging properties and a number of condominiums located in proximity to the Company's ski resorts, the Grand Teton Lodge Company (GTLC), which operates three destination resorts at Grand Teton National Park (the Park), Colorado Mountain Express (CME), a resort ground transportation company, and golf courses. The Company?s Real Estate segment owns and develops real estate in and around the Company?s resort communities.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/15/2008 8:25 AM Hold
None
32.66
as of 12/24/2008
1 Week up  1.57 %
1 Month up  21.58 %
3 Months up  16.92 %
1 YTD down  -47.93 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/4/2008 8:25 AM Buy
None
47.38

(*) Stock Price at the time of the recommendation.
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