EF Hutton Maintains Buy on FiscalNote Holdings, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
EF Hutton analyst Michael Albanese has maintained a Buy rating on FiscalNote Holdings (NYSE:NOTE) but has reduced the price target from $9 to $7.

November 15, 2023 | 12:47 pm
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NEGATIVE IMPACT
FiscalNote Holdings' stock maintains a Buy rating from EF Hutton, although the price target has been lowered from $9 to $7.
The reduction in price target by EF Hutton suggests a downward revision of the stock's future valuation, which could lead to a negative short-term impact on the stock price. However, the maintenance of a Buy rating indicates a continued positive outlook on the company's fundamentals, which may mitigate some negative sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100