Mr. Cooper price target raised to $156 from $147 at Barclays

Barclays analyst Terry Ma raised the firm’s price target on Mr. Cooper (COOP) to $156 from $147 and keeps an Overweight rating on the shares as part of a Q2 preview for the mortgage finance sector. The origination environment remains challenging, and investors should own balanced business models with meaningful servicing segments, the analyst tells investors in a research note.