Replies to post #638349 on Mr Cooper Group Inc (COOP)

[JusticeWillWin]

Outperform and $36 price target at Wolfe Research

https://thefly.com/news.php?symbol=COOP

That's a ~47% opportunity from current PPS

Thank you for your post

"Mr. Cooper initiated with an Outperform at Wolfe Research"

Wolfe Research analyst Matt Howlett initiated coverage of Mr. Cooper with an Outperform rating and $36 price target. Howlett is launching coverage of the Mortgage Finance sector with a Market Overweight rating based on his expectation for increased consumer demand for housing amid low interest rates and Fed stimulus. He is starting the Commercial Mortgage Finance sector with a Market Underweight rating based on concerns around underlying property values, which could increase defaults.