FiscalNote Holdings (NOTE, Financial) received a boost in the stock market today as Ladenburg Thalmann initiated coverage on the company. The financial services firm, represented by analyst Glenn Mattson, has assigned a "Buy" rating to the company's stock.
In addition to the positive rating, Ladenburg Thalmann announced a price target of USD 2.50 for FiscalNote Holdings (NOTE, Financial). This announcement marks the initial price target set by the analyst for the company and reflects a positive outlook.
The report, dated May 1, 2025, suggests optimism for FiscalNote Holdings (NOTE, Financial) based on current market conditions and the company's performance. The move by Ladenburg Thalmann is expected to influence investor interest and market activity around the stock in the near term.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 4 analysts, the average target price for FiscalNote Holdings Inc (NOTE, Financial) is $2.94 with a high estimate of $4.50 and a low estimate of $1.50. The average target implies an upside of 364.65% from the current price of $0.63. More detailed estimate data can be found on the FiscalNote Holdings Inc (NOTE) Forecast page.
Based on the consensus recommendation from 4 brokerage firms, FiscalNote Holdings Inc's (NOTE, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for FiscalNote Holdings Inc (NOTE, Financial) in one year is $1.22, suggesting a upside of 92.98% from the current price of $0.6322. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the FiscalNote Holdings Inc (NOTE) Summary page.
