D.A. Davidson analyst Rudy Kessinger maintained a Hold rating on FiscalNote Holdings (NOTE – Research Report) today and set a price target of $0.65. The company’s shares closed yesterday at $0.90.
Kessinger covers the Technology sector, focusing on stocks such as Edgio, Okta, and CrowdStrike Holdings. According to TipRanks, Kessinger has an average return of -7.1% and a 44.74% success rate on recommended stocks.
Currently, the analyst consensus on FiscalNote Holdings is a Strong Buy with an average price target of $4.16.
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Based on FiscalNote Holdings’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $29.46 million and a GAAP net loss of $30.97 million. In comparison, last year the company earned a revenue of $24.33 million and had a GAAP net loss of $38.36 million
Based on the recent corporate insider activity of 133 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NOTE in relation to earlier this year.
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FiscalNote Holdings (NOTE) Company Description:
Duddell Street Acquisition Corp is a blank check company.
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