Zacks Investment Research downgraded shares of FBR & CO (FBRC) from OUTPERFORM to NEUTRAL on August 29, 2012, with a target price of $3.40.
FBR & Company provides investment banking, merger and acquisition advisory, institutional brokerage, and research services. FBR & Company provides its services in sectors including consumer, diversified industrials, energy & natural resources, financial institutions, healthcare, insurance, real estate and technology, media & telecom. It provides its clients with investment choices through The FBR Funds, a family of mutual funds. FBR & Company, formerly known as FBR Capital Markets Corporation, is headquartered in Arlington, Virginia.
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