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Fortress Investment Group Llc (FIG) [hlAlert]

Rating:
Overweight
FIG
up 25.00 %

Fortress Investment Group Llc (FIG) rated Overweight with price target $7 by Barclays

Posted on: Wednesday,  Jan 9, 2013  2:25 PM ET by Barclays

Barclays rated Overweight Fortress Investment Group Llc (NYSE: FIG) on 01/09/2013, when the stock price was $5.00. Since
then, Fortress Investment Group Llc has gained 25.00% as of 01/15/2016's recent price of $6.25.
If you would have followed this Barclays's recommendation on FIG, you would have gained 25% of your investment in 1101 days.

Fortress Investment Group LLC (Fortress) is a global alternative asset manager that raises, invests and manages private equity funds and hedge funds. Fortress earns management fees based on the size of its funds, incentive income based on the performance of the Company's funds, and investment income from its principal investments in those funds. Its offering of alternative investment products includes private equity funds and hedge funds. The Company refers to these investment products, collectively, as the Fortress Funds. As of December 31, 2008, the Company managed alternative assets in two core businesses: private equity funds and hedge funds.

Barclays
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/9/2013 2:25 PM Buy
None
5.00 7.00
as of 12/13/2013
1 Week up  4.75 %
1 Month up  11.14 %
3 Months up  14.16 %
1 YTD up  67.60 %

(*) Stock Price at the time of the recommendation.
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