FiscalNote price target lowered to $2 from $2.25 at B. Riley

B. Riley lowered the firm’s price target on FiscalNote to $2 from $2.25 and keeps a Buy rating on the shares following the Q2 report. The firm redeemed revenue estimates to reflect near-term churn challenges and a more conservative bookings assumption in a potentially choppy macro environment in the second half of 2024.