FiscalNote (NYSE:NOTE) Receives “Buy” Rating from D. Boral Capital

FiscalNote (NYSE:NOTE)‘s stock had its “buy” rating reaffirmed by D. Boral Capital in a report released on Thursday,Benzinga reports. They currently have a $3.50 target price on the stock. D. Boral Capital’s price target would indicate a potential upside of 156.41% from the stock’s current price.

Other analysts also recently issued research reports about the stock. B. Riley reduced their price target on shares of FiscalNote from $2.00 to $1.75 and set a “buy” rating for the company in a research report on Wednesday, November 13th. EF Hutton Acquisition Co. I raised shares of FiscalNote to a “strong-buy” rating in a report on Monday, October 28th. One analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, FiscalNote presently has a consensus rating of “Buy” and an average target price of $2.83.

FiscalNote Trading Up 8.3 %

NOTE opened at $1.37 on Thursday. FiscalNote has a 52 week low of $0.75 and a 52 week high of $2.27. The business’s 50 day moving average is $1.02 and its two-hundred day moving average is $1.23. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 1.44.

Hedge Funds Weigh In On FiscalNote

A number of hedge funds and other institutional investors have recently bought and sold shares of NOTE. Geode Capital Management LLC raised its position in FiscalNote by 7.5% during the 3rd quarter. Geode Capital Management LLC now owns 1,550,931 shares of the company’s stock worth $1,986,000 after buying an additional 108,320 shares during the last quarter. State Street Corp raised its holdings in FiscalNote by 1.4% during the third quarter. State Street Corp now owns 1,261,429 shares of the company’s stock worth $1,615,000 after purchasing an additional 17,624 shares in the last quarter. Stonehill Capital Management LLC purchased a new position in FiscalNote during the third quarter worth about $995,000. Charles Schwab Investment Management Inc. lifted its position in FiscalNote by 4.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 566,144 shares of the company’s stock valued at $725,000 after purchasing an additional 21,811 shares during the period. Finally, Marshall Wace LLP purchased a new stake in FiscalNote in the 2nd quarter valued at approximately $608,000. 54.31% of the stock is currently owned by hedge funds and other institutional investors.

About FiscalNote

FiscalNote Holdings, Inc operates as technology company North America, Europe, Australia, and Asia. It combines artificial intelligence technology, machine learning, and other technologies with analytics, workflow tools, and expert research. The company also delivers that intelligence through its suite of public policy and issues management products, as well as powerful tools to manage workflows, advocacy campaigns, and constituent relationships.