11:30 AM EDT, 05/28/2025 (MT Newswires) -- Vail Resorts' ( MTN ) decision to bring back Rob Katz as chief executive suggests "a sense of urgency" on "re-accelerating revenue growth," BofA Securities analysts said Wednesday.

BofA said it views Katz, who served as Vail CEO for 16 years before becoming executive chairperson, as a "a strategic thinker and as the architect of the current ski industry structure. So if he is capable of inventing it, he is also capable of reinventing it."

Vail maintained its guidance for fiscal year 2025 resort earnings before interest, taxes, depreciation and amortization in the lower half of the $844 million-$877 million range, excluding one-time transition costs. Pass sales remain steady, with slight declines in pass units offset by increases in pass revenue, BofA said.

Vail Resorts ( MTN ) is scheduled to report fiscal Q3 earnings on June 5.

BofA reiterated a neutral rating on Vail Resorts ( MTN ) and raised its price target to $175 from $160.

Vail Resorts' ( MTN ) shares were up more than 12% in recent trading.

Price: 171.05, Change: +19.55, Percent Change: +12.90