By: Benzinga
UPDATE: Oppenheimer Raises PT to $9.50 on Fortress Investment Group after Outstanding Q4 Results
Oppenheimer maintained Fortress Investment Group (NYSE: FIG ) with an Outperform rating and raised the price target from $8.50 to $9.50. Oppenheimer said, "Fortress reported an outstanding 4Q12 with pre-tax istributable earnings (DE) of $0.20 per share vs. our $0.12 estimate. The beat came primarily on better than expected incentive
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