D. Boral Capital Reaffirms Buy Rating for FiscalNote (NYSE:NOTE)

FiscalNote (NYSE:NOTE)‘s stock had its “buy” rating restated by D. Boral Capital in a research note issued on Thursday,Benzinga reports. They currently have a $3.50 price objective on the stock. D. Boral Capital’s price objective indicates a potential upside of 176.68% from the company’s previous close.

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

FiscalNote Stock Up 2.0 %

Shares of NYSE NOTE opened at $1.27 on Thursday. The stock has a market cap of $178.64 million, a P/E ratio of -5.75 and a beta of 0.38. The firm has a 50 day moving average price of $1.03 and a 200 day moving average price of $1.23. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.81 and a current ratio of 0.81. FiscalNote has a 52-week low of $0.75 and a 52-week high of $2.27.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. AQR Capital Management LLC bought a new stake in shares of FiscalNote in the second quarter worth $26,000. SG Americas Securities LLC lifted its position in shares of FiscalNote by 83.2% in the fourth quarter. SG Americas Securities LLC now owns 25,285 shares of the company’s stock worth $27,000 after purchasing an additional 11,486 shares in the last quarter. Arkadios Wealth Advisors bought a new stake in shares of FiscalNote in the fourth quarter worth $40,000. Virtu Financial LLC bought a new stake in shares of FiscalNote in the third quarter worth $47,000. Finally, Barclays PLC lifted its position in shares of FiscalNote by 318.2% in the third quarter. Barclays PLC now owns 86,286 shares of the company’s stock worth $110,000 after purchasing an additional 65,655 shares in the last quarter. Institutional investors own 54.31% of the company’s stock.

FiscalNote Company Profile

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.