Northland lowered the firm’s price target on DeFi Technologies (DEFT) to $2.50 from $5 and keeps an Outperform rating on the shares following the company’s Q3 report. DeFi Alpha delays are driving a lowered outlook, the analyst tells investors.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DEFT:
- DeFi Technologies Announces Leadership Transition with New CEO
- DeFi Technologies CEO Oliver Newton steps down, Joahn Wattenstrom succeeds
- DeFi Technologies: Positioned for Growth with Strategic Expansion and Resilience in the Crypto Market
- Midday Fly By: Walmart names new CEO, Merck acquires Cidara
- Morning Movers: Cidara skyrockets following Merck buyout offer
