EF Hutton Maintains Buy on FiscalNote Holdings, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
EF Hutton analyst Michael Albanese maintains a Buy rating on FiscalNote Holdings (NYSE:NOTE) but lowers the price target from $7 to $5.

March 13, 2024 | 4:53 pm
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NEUTRAL IMPACT
EF Hutton maintains a Buy rating on FiscalNote Holdings but lowers the price target from $7 to $5.
While the maintenance of a Buy rating by EF Hutton indicates continued confidence in FiscalNote Holdings' potential, the reduction in the price target from $7 to $5 suggests a reassessment of the company's near-term valuation prospects. This mixed signal could lead to neutral short-term price movement as investors weigh the positive endorsement against the lowered expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100