UBS downgraded Mr. Cooper (COOP) to Neutral from Buy with a price target of $156, up from $145. The downgrade reflects terms of the Rocket Companies (RKT) deal, the analyst tells investors in a research note. UBS does not expect the deal to encounter any significant regulatory challenges.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COOP:
