H.C. Wainwright lowered the firm’s price target on DeFi Technologies (DEFT) to $2 from $5.50 and keeps a Buy rating on the shares following the Q4 report. The firm says the “unsettled market environment” leads to more conservative estimates for the company.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DEFT:
- Crypto Currents: Corporate bitcoin buying outpaces new supply by 62%
- Midday Fly By: Neurocrine to acquire Soleno, Oracle hires new CFO
- Unusually active option classes on open April 6th
- DeFi Technologies Posts Record 2025 Profit on Diversified DeFi Platform
- DeFi Technologies Posts Record 2025 Revenue and Profit as AUM and Trading Business Surge