FiscalNote assumed with a Buy at EF Hutton

EF Hutton analyst Michael Albanese assumed coverage of FiscalNote with a Buy rating and $9 price target. The governmental and regulatory information services SaaS model gives the company "a large and expanding market opportunity with a blue-chip client base and high customer retention," said Albanese, who sees the company’s "land-and-expand" strategy creating additional revenue opportunities through cross-selling and up-selling.