JMP Securities Reiterates Market Outperform on Redwood Trust, Maintains $8 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Steven Delaney reiterates a Market Outperform rating on Redwood Trust (NYSE:RWT) and maintains an $8 price target.
April 19, 2024 | 4:25 pm
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JMP Securities analyst Steven Delaney reiterates a Market Outperform rating on Redwood Trust with an $8 price target.
The reiteration of a Market Outperform rating by JMP Securities, along with maintaining an $8 price target, suggests a positive outlook for Redwood Trust's stock. This endorsement by a reputable analyst could lead to increased investor confidence and potentially drive the stock price up in the short term.
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