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Benchmark: Continued Buy Rating for DeFi Technologies Stock

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2024-06-20 14:40:55
Wall Street broker Benchmark said in a research note on Thursday that the sell-off in DeFi Technologies (DEFI) stock looks excessive and the stock now offers an attractive buying opportunity, reiterating its buy rating. Mark Palmer, an analyst at Benchmark, said most of the ETPs offered by DeFi are dominated by counterfeit products, and the plunge in these tokens earlier this week had a negative impact on the stock price.
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