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Fly News Breaks for February 5, 2019
RWT
Feb 5, 2019 | 08:22 EDT
Credit Suisse analyst Douglas Harter started coverage of Redwood Trust with an Outperform rating and $18 price target. The analyst believes the company's differentiated business model and its risk management history warrant a premium valuation over traditional mREITs. Harter forecasts a 20% TR opportunity over the next 12 months.
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