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Redwood Trust (NYSE:RWT) Shares Gap Down on Analyst Downgrade

Shares of Redwood Trust, Inc. (NYSE:RWT – Get Free Report) gapped down before the market opened on Wednesday after Piper Sandler lowered their price target on the stock from $7.50 to $7.00. The stock had previously closed at $6.51, but opened at $6.03. Piper Sandler currently has a neutral rating on the stock. Redwood Trust […]

JMP Securities Trims Redwood Trust (NYSE:RWT) Target Price to $8 00

Redwood Trust (NYSE:RWT – Get Free Report) had its target price decreased by equities researchers at JMP Securities from $9.00 to $8.00 in a research note issued to investors on Wednesday, Benzinga reports. The brokerage currently has a “market outperform” rating on the real estate investment trust’s stock. JMP Securities’ target price indicates a potential […]

Redwood Trust (NYSE:RWT) Shares Gap Down After Analyst Downgrade

Redwood Trust, Inc. (NYSE:RWT – Get Free Report) gapped down prior to trading on Wednesday after Piper Sandler lowered their price target on the stock from $7.50 to $7.00. The stock had previously closed at $6.51, but opened at $6.03. Piper Sandler currently has a neutral rating on the stock. Redwood Trust shares last traded […]

Redwood Trust (NYSE:RWT) Shares Gap Down After Analyst Downgrade

Redwood Trust, Inc. (NYSE:RWT – Get Free Report) gapped down prior to trading on Wednesday after Piper Sandler lowered their price target on the stock from $7.50 to $7.00. The stock had previously closed at $6.51, but opened at $6.03. Piper Sandler currently has a neutral rating on the stock. Redwood Trust shares last traded […]

JMP Securities Trims Redwood Trust (NYSE:RWT) Target Price to $8 00

Redwood Trust (NYSE:RWT – Get Free Report) had its price target decreased by JMP Securities from $9.00 to $8.00 in a research report issued on Wednesday, Benzinga reports. The firm currently has a “market outperform” rating on the real estate investment trust’s stock. JMP Securities’ price target points to a potential upside of 29.45% from […]

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