Strong seasonal results at Vail Resorts draw notice

• MKM Partners upgrades Vail Resorts (NYSE:MTN) to a Buy rating from Neutral.
• The lack of snowfall this winter across a broad part of the U.S. is seen by some analysts as a positive driver of traffic to ski resorts.
• Yesterday, Vail Resorts reported season-to-date lift ticket revenue was up 19.4% Y/Y, despite soft international tourism trends.