On Monday, BofA Securities analyst Shaun Kelley revised the price target for Vail Resorts (NYSE: MTN ) stock, decreasing it to $160 from the previous $185, while keeping a Neutral rating on the shares. The revision comes as the stock trades near its 52-week low of $129.85, having declined 25.14% year-to-date. According to InvestingPro analysis, the stock appears undervalued at current levels, with 5 analysts recently revising their earnings expectations downward. Kelley's assessment comes ahead of Vail Resorts' expected report on late-season ski metrics, which is anticipated this week or the week of April 28. The analyst reflected on the company's earlier report, which showed a 2.5% decline in skier visits up to March 2, with an expectation of improved visitation in March and April. However, Kelley noted that updated data indicates a further decline, with season-to-date visitation now down 3.6%. The data does not encompass Easter, and while an uptick is expected, concerns remain.