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Defi Technologies (NASDAQ:DEFT) Given New $7.00 Price Target at Maxim Group

Defi Technologies logo with Financial Services background

Defi Technologies (NASDAQ:DEFT - Free Report) had its target price increased by Maxim Group from $6.50 to $7.00 in a research report report published on Tuesday,Benzinga reports. The firm currently has a buy rating on the stock.

Separately, HC Wainwright boosted their price objective on Defi Technologies from $4.50 to $5.50 and gave the company a "buy" rating in a research report on Thursday, May 15th.

Read Our Latest Report on Defi Technologies

Defi Technologies Stock Down 8.3%

Shares of DEFT stock traded down $0.31 during trading hours on Tuesday, reaching $3.43. 3,269,158 shares of the company's stock were exchanged, compared to its average volume of 1,128,269. Defi Technologies has a fifty-two week low of $0.77 and a fifty-two week high of $4.95. The firm has a market cap of $1.12 billion and a PE ratio of 11.83.

About Defi Technologies

(Get Free Report)

DeFi Technologies, Inc engages in the provision of investment services. It plans to acquire equity, debt, or other securities of publicly traded or private companies or other entities. The firm offers DeFi ETNs, DeFi Governance, DeFi Venture and DeFi Treasury. The company was founded by Olivier Francois Roussy Newton and Wouter Witvoet on April 14, 1986 and is headquartered in Toronto, Canada.

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