Piper Sandler Maintains Neutral on Redwood Trust, Raises Price Target to $7.5
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Crispin Love maintains a Neutral rating on Redwood Trust (NYSE:RWT) and raises the price target from $6.5 to $7.5.

August 05, 2024 | 12:43 pm
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Piper Sandler analyst Crispin Love maintains a Neutral rating on Redwood Trust (NYSE:RWT) and raises the price target from $6.5 to $7.5.
The raised price target from $6.5 to $7.5 suggests a positive outlook for Redwood Trust, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the analyst does not see significant upside potential beyond the new target.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100