A Glimpse Into The Expert Outlook On FiscalNote Holdings Through 4 Analysts
Portfolio Pulse from Benzinga Insights
In the past three months, FiscalNote Holdings (NYSE:NOTE) received mixed analyst ratings, with an updated average 12-month price target of $3.5, reflecting an 11.82% increase from the previous target. The company has shown a revenue growth of 16.99% as of September 30, 2023, but faces challenges with a high debt-to-equity ratio of 2.91 and below-average ROE and ROA.
March 14, 2024 | 5:00 pm
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POSITIVE IMPACT
FiscalNote Holdings received mixed analyst ratings with an updated average 12-month price target of $3.5, indicating a positive outlook. The company's revenue growth and financial performance metrics were highlighted, alongside challenges such as a high debt-to-equity ratio.
The mixed analyst ratings with a positive adjustment in the average 12-month price target suggest optimism about FiscalNote Holdings' future stock performance. The revenue growth indicates strong business performance, which could positively impact the stock price. However, the high debt-to-equity ratio and below-average ROE and ROA present financial challenges that could temper investor enthusiasm. The overall positive price target adjustment leads to a positive short-term impact score.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100