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Fortress Investment Group Llc (FIG) [hlAlert]

down 74.22 %

Fortress Investment Group Llc (FIG) rated Buy

Posted on: Monday,  Jun 25, 2007  9:25 AM ET by Banc of America Sec

Banc of America Sec rated Buy Fortress Investment Group Llc (NYSE: FIG) on 06/25/2007, when the stock price was $24.25.
Since then, Fortress Investment Group Llc has lost 74.23% as of 01/15/2016's recent price of $6.25.
If you would have followed this Banc of America Sec's recommendation on FIG, you would have lost 74.22% of your investment in 3126 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.

Integrity, objectivity and originality are cornerstones of the value–added research that we offer to corporate and institutional clients. As thought leaders, our goal is to help clients understand and adapt to changing economic conditions and events that drive markets, currencies, industries and companies worldwide. And we deliver innovative ideas based on rigorous primary research, sound principles and clear vision. Our research teams are organized by areas of expertise, from equities, fixed income and emerging markets to foreign exchange and global financial risk advisory – featuring many of the industry’s most respected analysts and economists. Through our private, password–protected Web portal, our clients have access to a comprehensive array of timely research and commentary, including: * U.S. and global economic updates and indicators * Federal budget and fiscal policy * Industry outlooks * Stock coverage and picks * Financial market strategies * Corporate bond issuer risk analysis
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/25/2007 9:25 AM Buy
24.25 36.00
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 %

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