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Barclays Maintains Mr. Cooper Group(COOP.US) With Buy Rating, Raises Target Price to $111

Moomoo News ·  Jan 6 00:32  · Ratings

Barclays analyst Terry Ma maintains $Mr. Cooper Group (COOP.US)$ with a buy rating, and adjusts the target price from $108 to $111.

According to TipRanks data, the analyst has a success rate of 54.5% and a total average return of 2.4% over the past year.

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Furthermore, according to the comprehensive report, the opinions of $Mr. Cooper Group (COOP.US)$'s main analysts recently are as follows:

  • Heading into 2025, the specialty finance sector is expected to be influenced by a stable consumer base, improving credit trends especially among prime borrowers, persistently high mortgage rates, and a less stringent regulatory environment. The performance of shares in consumer lending has been anticipated to some extent since the election, raising challenges in selecting stocks. The strategy for mortgage finance in 2025, similar to that in 2024, will likely lean towards companies with balanced business models. It is advisable to focus on stocks that still have unacknowledged positive catalysts which could lead to further gains. Additionally, air lessors appear to remain undervalued in the market's view.

  • The results of the recent November election have reportedly revitalized 'animal spirits', improving business and consumer confidence amid expectations of a more pro-business political landscape. This shift has heightened expectations for the U.S. economy, though it suggests reduced prospects for further Federal Reserve easing. This scenario is favorable for stocks connected to consumer credit and spending but less advantageous for those linked to the mortgage market, which is described as 'subdued' due to high rates and low housing supply.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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