FORTRESS INVEST (FIG) Downgraded by Zacks to UNDERPERFORM

Zacks Investment Research downgraded shares of FORTRESS INVEST (FIG) from NEUTRAL to UNDERPERFORM on January 26, 2015, with a target price of $7.00.

FORTRESS INVESTMENT Group is a leading global alternative asset manager with approximately $34.2 billion in assets under management as of March 31, 2008. Fortress is headquartered in New York and has affiliates with offices in Chicago, Dallas, Frankfurt, Geneva, Hong Kong, London, Los Angeles, Munich, New Canaan, Rome, San Francisco, San Diego, Sydney, Tokyo and Toronto.Fortress raises, invests and manages private equity funds and hedge funds. Fortress intends to grow its existing businesses, while continuing to create innovative products to meet the increasing demand by sophisticated investors for superior risk-adjusted investment returns.

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