Credit Suisse Maintains Outperform on Redwood Trust, Raises Price Target to $9
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Douglas Harter maintains an Outperform rating on Redwood Trust (NYSE:RWT) and raises the price target from $8 to $9.
July 31, 2023 | 12:38 pm
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POSITIVE IMPACT
Credit Suisse maintains an Outperform rating on Redwood Trust and raises the price target from $8 to $9, which could lead to a positive impact on the stock.
The raised price target by Credit Suisse indicates a positive outlook for Redwood Trust. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100