Jones Trading Reiterates Buy Recommendation for Redwood Trust, Analysts See 33.11% Upside

Jones Trading has maintained a Buy recommendation for Redwood Trust (NYSE:RWT), with an average one-year price target of $7.11/share, representing a 33.11% increase from its latest closing price of $5.34/share. The projected annual revenue for Redwood Trust is 143MM, an increase of 18.08%. There are 407 funds reporting positions in the company, with an average portfolio weight of 0.08%.