Investment analysts at Craig Hallum started coverage on shares of DeFi Development (NASDAQ:DFDV - Get Free Report) in a report issued on Monday, Marketbeat.com reports. The brokerage set a "buy" rating and a $25.00 price target on the stock. Craig Hallum's target price points to a potential upside of 59.44% from the company's previous close.
DFDV has been the topic of a number of other reports. Wall Street Zen upgraded DeFi Development to a "hold" rating in a research note on Friday, May 23rd. Cantor Fitzgerald assumed coverage on DeFi Development in a report on Monday, June 16th. They issued an "overweight" rating and a $45.00 price objective on the stock.
Read Our Latest Stock Report on DFDV
DeFi Development Stock Performance
DeFi Development stock traded up $2.22 during trading on Monday, reaching $15.68. The stock had a trading volume of 2,720,565 shares, compared to its average volume of 2,803,287. DeFi Development has a 52-week low of $0.48 and a 52-week high of $53.88. The stock has a market capitalization of $304.98 million, a PE ratio of -62.01 and a beta of -7.30. The firm has a 50 day moving average of $21.81.
About DeFi Development
(
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We are a B2B fintech marketplace connecting commercial property borrowers and lenders with a human touch. We seek to revolutionize the commercial real estate lending market by making it hyper-efficient, transparent, and accessible to all rather than the few. Through our online platform, we provide technology that connects commercial mortgage borrowers looking for capital to refinance, build, or purchase commercial property, including, but not limited to, apartment buildings, to commercial property lenders.
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