Maxim Group Issues Positive Forecast for Defi Technologies (NASDAQ:DEFT) Stock Price

Defi Technologies (NASDAQ:DEFT) had its target price upped by Maxim Group from $6.50 to $7.00 in a research report report published on Tuesday morning,Benzinga reports. They currently have a buy rating on the stock.

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

Defi Technologies Stock Performance

DEFT opened at $3.84 on Tuesday. Defi Technologies has a 52-week low of $0.77 and a 52-week high of $4.95. The company has a market cap of $1.25 billion and a PE ratio of 13.24.

Defi Technologies Company Profile

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.