JMP Securities Maintains Market Outperform on Redwood Trust, Raises Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
JMP Securities has maintained a Market Outperform rating on Redwood Trust and raised its price target from $8.5 to $9.

October 04, 2024 | 10:53 am
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JMP Securities has reaffirmed its Market Outperform rating for Redwood Trust and increased the price target from $8.5 to $9, indicating a positive outlook.
The increase in price target from $8.5 to $9 by JMP Securities suggests a positive outlook for Redwood Trust, likely boosting investor confidence and potentially leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100