Redwood Trust, Inc. (NYSE:RWT – Get Free Report) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totalling 4,520,000 shares, a decline of 18.1% from the April 30th total of 5,520,000 shares. Based on an average daily trading volume, of 1,470,000 shares, the days-to-cover […]
Redwood Trust (NYSE: RWT) has recently received a number of price target changes and ratings updates: 4/18/2024 – Redwood Trust had its “market outperform” rating reaffirmed by analysts at JMP Securities. They now have a $8.00 price target on the stock. 4/11/2024 – Redwood Trust was downgraded by analysts at Wedbush from an “outperform” rating […]
Redwood Trust (NYSE:RWT – Free Report) had its price target trimmed by UBS Group from $9.00 to $8.50 in a report published on Tuesday, Benzinga reports. The brokerage currently has a buy rating on the real estate investment trust’s stock. Several other brokerages have also recently issued reports on RWT. JMP Securities dropped their target […]
Redwood Trust (NYSE:RWT – Get Free Report) had its price objective reduced by equities researchers at Raymond James from $10.00 to $9.00 in a report issued on Tuesday, Benzinga reports. The brokerage currently has a “strong-buy” rating on the real estate investment trust’s stock. Raymond James’ price target suggests a potential upside of 26.32% from […]
Redwood Trust, Inc. (NYSE:RWT – Free Report) – Research analysts at Wedbush lowered their Q4 2023 earnings per share estimates for Redwood Trust in a note issued to investors on Monday, July 31st. Wedbush analyst J. Mccanless now forecasts that the real estate investment trust will post earnings of $0.15 per share for the quarter, […]