Oppenheimer Upgrades PHH To Outperform, Shares Gain

Analysts at Oppenheimer upgraded PHH

from Market Perform to Outperform. The target price for PHH has been raised from $52 to $72. PHH shares have gained 8.20% over the past 52 weeks, while the S&P 500 index has surged 17.95% in the same period. PHH's shares gained 1.51% to $24.23 in pre-market trading.