UPDATE: Goldman Sachs Downgrades Fortress Investment Following Outperformance in 2013
November 14, 2013 at 10:18 AM EST
In a report published Thursday, Goldman Sachs analyst Marc Irizarry downgraded the rating on Fortress Investment Group LLC (NYSE: FIG ) from Buy to Neutral, and lowered the price target from $9.50 to $8.50. In the report, Goldman Sachs noted, “We downgrade FIG to Neutral from Buy on the stock's