Vail Resorts (MTN) saw its stock price surge by 6.81% during intraday trading on Thursday, reflecting strong investor confidence.
The rally follows positive analyst actions, including Deutsche Bank raising its price target on Vail Resorts to $169 from $162 while maintaining a hold rating. JP Morgan also increased its target price to $172 from $168, further boosting market sentiment.
These upward revisions in price targets suggest improved expectations for Vail Resorts' performance, likely driving the stock's significant gains.