Analysts Have Conflicting Sentiments on These Real Estate Companies: Redwood (RWT) and Newmark Group (NMRK)
Analysts have been eager to weigh in on the Real Estate sector with new ratings on Redwood (RWT – Research Report) and Newmark Group (NMRK – Research Report).
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Redwood (RWT)
In a report released today, Crispin Love from Piper Sandler maintained a Hold rating on Redwood, with a price target of $6.50. The company’s shares closed last Wednesday at $5.54, close to its 52-week low of $5.46.
According to TipRanks.com, Love is a 4-star analyst with an average return of
Currently, the analyst consensus on Redwood is a Moderate Buy with an average price target of $7.17.
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Newmark Group (NMRK)
In a report released today, Alexander Goldfarb from Piper Sandler maintained a Buy rating on Newmark Group, with a price target of $19.00. The company’s shares closed last Wednesday at $14.95.
According to TipRanks.com, Goldfarb is a 3-star analyst with an average return of
Currently, the analyst consensus on Newmark Group is a Strong Buy with an average price target of $20.67.
