Cantor Fitzgerald assumed coverage on shares of DeFi Development (NASDAQ:DFDV - Free Report) in a report released on Monday morning, MarketBeat reports. The brokerage issued an overweight rating and a $45.00 price objective on the stock.
Separately, Wall Street Zen upgraded DeFi Development to a "hold" rating in a report on Friday, May 23rd.
Read Our Latest Analysis on DFDV
DeFi Development Trading Up 0.6%
Shares of NASDAQ DFDV traded up $0.18 during trading on Monday, reaching $31.27. The stock had a trading volume of 914,954 shares, compared to its average volume of 2,121,501. DeFi Development has a fifty-two week low of $0.48 and a fifty-two week high of $53.88. The stock has a market capitalization of $460.61 million, a PE ratio of -123.67 and a beta of -6.96.
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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