Expert Ratings for Redwood Trust
Portfolio Pulse from Benzinga Insights
Redwood Trust (NYSE:RWT) has received 7 somewhat bullish ratings and 1 indifferent rating from analysts in the last quarter. The average price target is $7.81, indicating an upside from the current price of $6.445. However, this average has decreased by 7.02% from the previous average price target of $8.40.
July 12, 2023 | 5:01 pm
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Analysts have given Redwood Trust a somewhat bullish outlook with an average price target of $7.81, indicating potential upside from the current price. However, the average target has decreased by 7.02% from the previous target.
The somewhat bullish ratings from analysts indicate a positive outlook for Redwood Trust. The average price target suggests potential upside, which could drive the stock price up. However, the decrease in the average target could indicate less optimism about the stock's future performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100