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KeyBanc upgrades Vail Resorts, says demand is strong for winter vacations

Skiers and snowboarders prepare to head to a lift at a Vail Resorts Inc. location in Vail, Colorado, U.S., on Thursday, March 8, 2018.
Daniel Brenner | Bloomberg | Getty Images

Early signs are pointing toward a big winter season for Vail Resorts, and that should give the stock a much needed boost, according to KeyBanc.