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Wall Street Zen has upgraded the rating for Redwood Trust (RWT) from sell to hold, despite the company missing its Q4 earnings per share (EPS) estimates. The upgrade follows a shift in analyst sentiment as the firm demonstrated resilient revenue performance. Similarly, Weyerhaeuser (WY) saw its rating raised to hold after significantly surpassing both earnings and revenue expectations in the first quarter. These rating adjustments reflect a broader stabilization in outlook for these entities within the REITs sector. While RWT faced bottom-line pressure, the overall financial health of both companies prompted the removal of the sell recommendation. Market participants view these upgrades as a reduction in bearish sentiment, potentially providing minor support for the stock prices in upcoming sessions.
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