Fortress Value Acquisition Corp. II (NYSE:FAII) Coverage Initiated at Barrington Research

Research analysts at Barrington Research started coverage on shares of Fortress Value Acquisition Corp. II (NYSE:FAII) in a report released on Wednesday, Analyst Price Targets reports. The firm set an “outperform” rating and a $14.00 price target on the stock. Barrington Research’s target price points to a potential upside of 40.28% from the company’s previous close.

Separately, Benchmark initiated coverage on shares of Fortress Value Acquisition Corp. II in a research note on Tuesday, May 4th. They issued a “buy” rating and a $14.00 price objective for the company.

FAII opened at $9.98 on Wednesday. Fortress Value Acquisition Corp. II has a fifty-two week low of $9.65 and a fifty-two week high of $13.05. The company’s fifty day moving average is $10.00.

Institutional investors have recently added to or reduced their stakes in the company. Selway Asset Management bought a new stake in shares of Fortress Value Acquisition Corp. II in the 1st quarter worth about $100,000. Black Maple Capital Management LP bought a new stake in shares of Fortress Value Acquisition Corp. II in the 1st quarter worth about $100,000. EJF Capital LLC bought a new stake in Fortress Value Acquisition Corp. II during the 1st quarter valued at about $100,000. BCK Capital Management LP bought a new stake in Fortress Value Acquisition Corp. II during the 1st quarter valued at about $178,000. Finally, Penserra Capital Management LLC bought a new stake in Fortress Value Acquisition Corp. II during the 1st quarter valued at about $183,000. Hedge funds and other institutional investors own 64.25% of the company’s stock.

Fortress Value Acquisition Corp. II Company Profile

Fortress Value Acquisition Corp. II does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.

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