Raymond James Maintains Strong Buy on Redwood Trust, Raises Price Target to $9.5
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Stephen Laws maintains a Strong Buy rating on Redwood Trust (NYSE:RWT) and raises the price target from $8.5 to $9.5.

September 19, 2024 | 5:59 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Raymond James analyst Stephen Laws maintains a Strong Buy rating on Redwood Trust and raises the price target from $8.5 to $9.5, indicating confidence in the company's future performance.
The increase in price target from $8.5 to $9.5 by Raymond James suggests a positive outlook on Redwood Trust's future performance. The Strong Buy rating indicates high confidence from the analyst, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100