Rich by Coin

Northland cut DeFi Technologies’ price target to $2.50 from $5 and kept an Outperform rating after the company’s Q3 results.
The analyst cited ongoing DeFi Alpha delays as a primary factor behind the more cautious outlook.
The price-target reduction signals a more cautious view of DeFi Technologies’ near-term growth prospects.
Investors were reminded that DeFi Alpha delays are weighing on the stock’s trajectory, the analyst said.
Going forward, DeFi Technologies will need to demonstrate progress on DeFi Alpha and related initiatives to support any upside.
Markets will be watching updates on the project and the company’s broader strategy to determine the stock’s path.