FiscalNote’s (NOTE) Buy Rating Reaffirmed at D. Boral Capital

FiscalNote (NYSE:NOTE)‘s stock had its “buy” rating reissued by equities researchers at D. Boral Capital in a note issued to investors on Thursday,Benzinga reports. They currently have a $3.50 price target on the stock. D. Boral Capital’s target price suggests a potential upside of 156.41% from the stock’s previous close.

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

FiscalNote Price Performance

NYSE:NOTE opened at $1.37 on Thursday. The stock has a fifty day moving average price of $1.02 and a 200 day moving average price of $1.23. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 1.44. FiscalNote has a 12-month low of $0.75 and a 12-month high of $2.27.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. AQR Capital Management LLC purchased a new stake in FiscalNote during the second quarter worth approximately $26,000. Arkadios Wealth Advisors purchased a new stake in shares of FiscalNote during the 4th quarter worth approximately $40,000. Virtu Financial LLC acquired a new position in shares of FiscalNote in the 3rd quarter valued at $47,000. Barclays PLC boosted its holdings in shares of FiscalNote by 318.2% in the 3rd quarter. Barclays PLC now owns 86,286 shares of the company’s stock valued at $110,000 after buying an additional 65,655 shares in the last quarter. Finally, International Assets Investment Management LLC grew its position in shares of FiscalNote by 35.1% in the 3rd quarter. International Assets Investment Management LLC now owns 134,656 shares of the company’s stock valued at $172,000 after buying an additional 34,956 shares during the last quarter. Hedge funds and other institutional investors own 54.31% of the company’s stock.

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.