Redwood Trust price target lowered to $7.75 from $8.25 at Keefe Bruyette

Keefe Bruyette analyst Bose George lowered the firm’s price target on Redwood Trust (RWT) to $7.75 from $8.25 and keeps an Outperform rating on the shares. The firm sees the risk/reward as positive, the analyst tells investors in a research note.