JMP Securities Maintains Market Outperform on Redwood Trust, Raises Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Steven Delaney maintains a Market Outperform rating on Redwood Trust (NYSE:RWT) and raises the price target from $8 to $9.
September 15, 2023 | 12:27 pm
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POSITIVE IMPACT
JMP Securities maintains a Market Outperform rating on Redwood Trust and raises the price target from $8 to $9. This could lead to a positive market reaction.
The raised price target by JMP Securities 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