D. Boral Capital Reiterates “Buy” Rating for FiscalNote (NYSE:NOTE)

D. Boral Capital reaffirmed their buy rating on shares of FiscalNote (NYSE:NOTE) in a research note released on Thursday morning,Benzinga reports. D. Boral Capital currently has a $3.50 target price on the stock.

NOTE has been the topic of a number of other reports. EF Hutton Acquisition Co. I raised shares of FiscalNote to a “strong-buy” rating in a research report on Monday, October 28th. B. Riley reduced their price objective 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. 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 MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $2.83.

FiscalNote Stock Up 2.0 %

Shares of NYSE NOTE opened at $1.27 on Thursday. FiscalNote has a 1 year low of $0.75 and a 1 year high of $2.27. The company has a market capitalization of $178.64 million, a P/E ratio of -5.75 and a beta of 0.38. The company has a 50 day simple moving average of $1.03 and a 200-day simple moving average of $1.23. The company has a debt-to-equity ratio of 1.44, a current ratio of 0.81 and a quick ratio of 0.81.

Hedge Funds Weigh In On FiscalNote

Several institutional investors have recently bought and sold shares of NOTE. Stonehill Capital Management LLC acquired a new position in shares of FiscalNote in the 3rd quarter valued at $995,000. Squarepoint Ops LLC lifted its holdings in FiscalNote by 181.9% during the 2nd quarter. Squarepoint Ops LLC now owns 149,490 shares of the company’s stock worth $218,000 after buying an additional 96,457 shares in the last quarter. International Assets Investment Management LLC grew its holdings in FiscalNote by 35.1% during the 3rd quarter. International Assets Investment Management LLC now owns 134,656 shares of the company’s stock worth $172,000 after acquiring an additional 34,956 shares during the period. State Street Corp raised its position in shares of FiscalNote by 1.4% in the 3rd quarter. State Street Corp now owns 1,261,429 shares of the company’s stock valued at $1,615,000 after acquiring an additional 17,624 shares during the period. Finally, Geode Capital Management LLC raised its position in shares of FiscalNote by 7.5% during the third quarter. Geode Capital Management LLC now owns 1,550,931 shares of the company’s stock worth $1,986,000 after purchasing an additional 108,320 shares during the period. 54.31% of the stock is currently owned by 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.