Mr. Cooper price target raised to $86 from $80 at UBS

UBS analyst Doug Harter raised the firm’s price target on Mr. Cooper to $86 from $80 and keeps a Buy rating on the shares following quarterly results. The firm notes Mr. Cooper reported 4Q operating EPS of $1.71, in line with the preannouncement and 39c better than UBS’s estimate. The upside was driven by both better servicing and originations partially offset by a larger corporate loss, the firm said in a research note on Friday.