Nomura Initiates Redwood Trust At Buy

Monica Gerson , Benzinga Staff Writer

January 30, 2015 9:02am Comments

Analysts at Nomura initiated coverage on Redwood Trust, Inc. (NYSE: RWT) with a Buy rating.

The target price for Redwood Trust is set to $25.

Redwood Trust shares have gained 7.22% over the past 52 weeks, while the S&P 500 index has surged 13.39% in the same period.

Redwood Trust shares rose 0.40% to close at $20.05 yesterday.

Date	Firm	Action	From	To
Feb 2021	Raymond James	Maintains		Strong Buy
Dec 2020	Keefe, Bruyette & Woods	Upgrades	Market Perform	Outperform
Nov 2020	BTIG	Initiates Coverage On		Buy

Posted-In: Nomura Initiation Analyst Ratings

Stock	Firm	Action	PT
WKHS	Roth Capital	Maintains	15.0
HCKT	Roth Capital	Maintains	22.0
AREC	Roth Capital	Initiates Coverage On	7.5
SLAB	Wells Fargo	Maintains	180.0
PEN	Wells Fargo	Maintains	310.0

Stock

Firm

Action

Roth Capital

Maintains

15.0

Roth Capital

Maintains

22.0

Roth Capital

Initiates Coverage On

7.5

Wells Fargo

Maintains

180.0

Wells Fargo

Maintains

310.0

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