Jones Trading Maintains Buy on Redwood Trust, Raises Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Jones Trading analyst Jason Weaver maintains a Buy rating on Redwood Trust (NYSE:RWT) and raises the price target from $7.55 to $8.
October 31, 2024 | 1:54 pm
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Jones Trading analyst Jason Weaver has maintained a Buy rating on Redwood Trust and increased the price target from $7.55 to $8, indicating a positive outlook.
The analyst's decision to maintain a Buy rating and raise the price target suggests confidence in Redwood Trust's future performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100