JPMorgan Turns More Positive on Redwood Trust (RWT) as Loss Pressures Ease

Redwood Trust, Inc. (NYSE:RWT) is included among the 13 Dividend Stocks with Over 8% Yield. JPMorgan Turns More Positive on Redwood Trust (RWT) as Loss Pressures Ease Image by Steve Buissinne from Pixabay On January 23, JPMorgan raised its rating on Redwood Trust, Inc. (NYSE:RWT) to Overweight from Neutral and set a $6 price target on the stock. The firm said the headwinds from realized losses and non-accrual loans should continue to fade as Redwood works through and exits its legacy investments. As tho ...