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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RWT: