(This is CNBC Pro's live coverage of Thursday's analyst calls and Wall Street chatter. Please refresh every 20-30 minutes to view the latest posts.) A fast-casual food chain and a video game maker were among the stocks being talked about by analysts on Thursday.
Morgan Stanley lowered its rating on Cava to equal weight, citing valuation concerns. Meanwhile, Redburn Atlantic initiated Take-Two Interactive with a buy rating. Check out the latest calls and chatter below.
All times ET. 6:05 a.m.
: Bernstein becomes bullish on Marriott Investors should buy into the recent dip in Marriott shares, according to Bernstein. The firm upgraded shares to outperform from market perform in a note. It also notched up its price target on shares to $262 from $247, indicating 15.
1% upside from Thursday's close. Marriott shares have declined 9% in the past six months and nearly 14% year to date amid concerns of a slowdown in consumer spending. MAR 6M mountain MAR in past six months "Marriott has opened up a record discount to Hilton despite identical guidance on NUG+RevPAR and in the next 12m we expect material progress on tech and midscale," analyst Richard Clarke wrote.
Clarke highlighted Marriott's higher-end consumer and international exposure. "A good time to buy a high quality name at a discount," Clarke added. — Hakyung Kim 5:44 a.
m.: Morgan Stanley downgrades Cava Morgan Stanley is stepping to the sidelines on Cava after shares have more than doubled in 2024. Analyst Brian Harbour lower.