Piper Sandler analyst Crispin Love maintained a Hold rating on Redwood today and set a price target of $6.50. The company’s shares closed yesterday at $5.75.
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According to TipRanks, Love is a 4-star analyst with an average return of 8.7% and a 65.03% success rate. Love covers the Financial sector, focusing on stocks such as PennyMac Financial, Northpointe Bancshares, Inc., and SEI Investments Company.
In addition to Piper Sandler, Redwood also received a Hold from TR | OpenAI – 4o’s Nina Homesse in a report issued yesterday. However, on September 25, BTIG maintained a Buy rating on Redwood (NYSE: RWT).
RWT market cap is currently $748.2M and has a P/E ratio of -8.86.
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