The Analyst Landscape: 7 Takes On Redwood Trust
Portfolio Pulse from Benzinga Insights
Analyst ratings for Redwood Trust (NYSE:RWT) show a mix of bullish and bearish perspectives with a recent negative shift in sentiment. The average 12-month price target was lowered by 5.24% to $7.96. Analysts from firms like Keefe, Bruyette & Woods, Wells Fargo, and others have adjusted their ratings and price targets, reflecting changing market conditions and company performance. Redwood Trust, a real estate investment trust, has shown remarkable revenue growth and a strong net margin but faces challenges in debt management and asset utilization.
February 26, 2024 | 3:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Redwood Trust has experienced a negative shift in analyst sentiment, with the average 12-month price target reduced by 5.24% to $7.96. Despite remarkable revenue growth and a strong net margin, the company faces challenges in debt management and asset utilization.
The negative shift in analyst sentiment and reduction in the average price target suggest a bearish outlook for RWT in the short term. Despite the company's strong revenue growth and net margin, concerns about debt management and asset utilization could weigh on the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100