By Michael Bloom
Publication Date: 2026-04-10 12:21:00
Here are the biggest calls on Wall Street on Friday: Seaport upgrades Madison Square Garden Sports to buy from neutral Seaport says the owner or the knicks and ranger is too attractive to ignore. “While MSGS shares commenced a round of appreciation ahead of the start of the 2025-26 season we think the vast trading discount vs. intrinsic value, at an estimated 57.5% vs. a 10-year average of ~72%, needs to be revisited by the market ahead of the potential spin later this summer that separates the Knicks & Rangers into their own standalone companies.” UBS downgrades ServiceNow to neutral from buy UBS says it’s losing confidence in the software sector so it’s downgrading ServiceNow. “Given that our confidence in that view has weakened and we’re hearing more anecdotes of non-AI apps software budget pressure, we’re moving to a Neutral rating despite the material YTD de-rating in the stock to 15x 2026 FCF.” Read more. Loop initiates Macom Technology as buy Loop says it sees “cylical tailwinds” for the technology solutions company. “We view MTSI as a key beneficiary of three end markets with structurally higher growth rates, when compared to historical growth patterns. We also see MTSI benefitting from cyclical tailwinds that are broadening across the semiconductor market.” Wells Fargo downgrades Sherwin-Williams to equal weight from overweight Wells says housing pressure will affect the stock. “We lower our estimates to account for a more challenging outlook for US housing and…
