What 4 Analyst Ratings Have To Say About Redwood Trust
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 4 analysts have published somewhat bullish opinions on Redwood Trust (NYSE:RWT) stock. The average price target is $8.5, implying an upside from the current price of $7.845. This average price target has increased by 2.04% over the past month.
September 15, 2023 | 8:00 pm
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Analysts have a somewhat bullish outlook on Redwood Trust (NYSE:RWT) with an average price target of $8.5, implying an upside from the current price.
The somewhat bullish outlook from analysts indicates a positive sentiment towards Redwood Trust. The average price target of $8.5, which is higher than the current price, suggests that the stock has potential for growth in the short term. This could positively impact the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100