JMP Securities Maintains Market Outperform on Redwood Trust, Raises Price Target to $8.5
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 $8.5.
July 19, 2024 | 12:43 pm
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POSITIVE IMPACT
JMP Securities has maintained its Market Outperform rating on Redwood Trust and increased the price target from $8 to $8.5.
The increase in the price target from $8 to $8.5 by JMP Securities is a positive signal for investors, indicating confidence in Redwood Trust's future performance. This is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100