Wedbush Reiterates Outperform on Redwood Trust, Maintains $9 Price Target
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Jay McCanless has reiterated an Outperform rating on Redwood Trust (NYSE:RWT) and maintained a $9 price target.
June 14, 2023 | 12:16 pm
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Wedbush analyst Jay McCanless reiterates an Outperform rating on Redwood Trust (NYSE:RWT) and maintains a $9 price target.
The reiteration of an Outperform rating by Wedbush analyst Jay McCanless on Redwood Trust (NYSE:RWT) indicates a positive outlook for the stock. The maintained $9 price target suggests that the analyst believes the stock has potential for growth in the short term. This news is likely to have a positive impact on RWT's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100