Keefe, Bruyette & Woods Upgrades Fortress Investment Group LLC (FIG) to Outperform
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Keefe, Bruyette & Woods upgrades Fortress Investment Group LLC (NYSE: FIG) to Outperform. Price target $6.50.
Keefe analyst says, "Earnings were above our forecast, primarily driven by higher than forecast management fee revenues while AUM of $31 billion was above forecast. Modestly adjust estimates and lower price target but raise rating to Outperform."
To see more analyst ratings on FIG Click Here.
Fortress Investment Group LLC is a publicly owned investment management firm.
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