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Fortress Investment Group Llc (FIG) [hlAlert]

Perform FIG
up 32.69 %

Fortress Investment Group Llc (FIG) rated Perform with price target $14 by Oppenheimer

Posted on: Thursday,  Jan 22, 2015  8:25 AM ET by Oppenheimer

Oppenheimer rated Perform Fortress Investment Group Llc (NYSE: FIG) on 01/22/2015. Previously Oppenheimer rated Outperform Fortress Investment Group Llc (NYSE: FIG) on
11/05/2012., when the stock price was $4.71. Since then, Fortress Investment Group Llc has gained 32.70% as of 01/15/2016's recent price of $6.25.
If you would have followed the previous Oppenheimer's recommendation on FIG, you would have gained 32.69% of your investment in 1166 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.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/22/2015 8:25 AM Buy
7.50 14.00
as of 8/27/2015
1 Week up  5.21 %
1 Month down  -18.08 %
3 Months down  -23.21 %
1 YTD down  -26.98 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/5/2012 8:25 AM Buy
4.71 7.50
1/13/2010 8:25 AM None

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