KBW upgrades TeraWulf (WULF) to outperform, sees AI pivot driving sharp growth
Investment bank KBW upgraded TeraWulf (WULF) to “outperform” from “market perform” while raising its price target to $24 from $9.50. The bank said the market is underestimating the earnings upside from the company’s shift away from bitcoin BTC$87,492.78 mining toward AI and high-performance computing (HPC) leasing. “We think investors underappreciate the magnitude of the BTC...
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