Redwood Trust Shares Rise After JPMorgan Upgrade

MT Newswires Live

01/24

Redwood Trust (RWT) shares were up more than 3% in recent Friday trading after JPMorgan upgraded the stock to overweight from neutral, with a price target of $6.

Trading volume stood at more than 700,000 shares, compared with a daily average of roughly 1.4 million.

Price: 5.83, Change: +0.20, Percent Change: +3.46

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