3 stories mentioning RWTUpdated 30d ago
Every FINWIRES story that references RWT, newest first.
Redwood Trust (RWT) shares were up 7.5% in afternoon trading on Thursday after Keefe, Bruyette & Woods upgraded the company's stock to outperform from market-perform and adjusted the price target to $6 from $7.Trading volume stood at more than 3.7 million shares against a daily average of about 2.2 million.Price: $5.11, Change: $+0.36, Percent Change: +7.47%
Redwood Trust (RWT) has an average rating of overweight and mean price target of $6.28, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Redwood Trust (RWT) and Castlelake have agreed to form a joint venture to purchase up to $8 billion of prime jumbo mortgage loans, Castlelake said on Wednesday.Under the joint venture, Redwood's Sequoia platform will source, aggregate, and diligence loans that meet defined eligibility criteria, Castlelake said.Financial details related to the joint venture were not disclosed.Shares of Redwood Trust were down 2.2% in Wednesday trading.Price: $5.63, Change: $-0.12, Percent Change: -2.09%
