Fortress Announces Expiration And Preliminary Results Of Modified “Dutch Auction” Self-Tender Offer
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Compass Point Cuts Price Target on Fortress Investment Group (FIG) to $6.50
March 9, 2016 8:16 AM ESTCompass Point maintained a Buy rating on Fortress Investment Group (NYSE: FIG), and cut the price target to $6.50 (from $7.50). Compass' 2016 estimates reflects lower management fees due to lower management fee paying AUM. The closing of the Macro Funds and related managed accounts, as well as $1.8B of... More
