Redwood Trust jumps 7% after KBW rating upgrade

Seeking Alpha ·

Redwood Trust ( RWT ) shares jumped 7% after KBW upgraded it to Outperform from Market Perform as shares remain down ~15% YTD. The brokerage, however, reduced its price target on the stock to $6 from $7.

DYAX Investor Sentiment

Bullish (Long) 53% · Bearish (Short) 47%

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