Piper Sandler Maintains Overweight on Mr. Cooper Gr, Raises Price Target to $106
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Crispin Love maintains an Overweight rating on Mr. Cooper Group (NASDAQ:COOP) and raises the price target from $91 to $106.
July 26, 2024 | 2:03 pm
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POSITIVE IMPACT
Piper Sandler has maintained an Overweight rating on Mr. Cooper Group and increased the price target from $91 to $106, indicating strong confidence in the company's future performance.
The increase in the price target from $91 to $106 by Piper Sandler suggests a positive outlook for Mr. Cooper Group. The Overweight rating indicates that the analyst expects the stock to outperform the average return of stocks in the same sector. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100