KBW Upgrades TeraWulf to Outperform, AI Pivot Drives Growth
KBW upgrades TeraWulf to outperform, cites AI pivot as earnings catalyst Investment bank KBW upgraded bitcoin miner TeraWulf (WULF) to “outperform” from “market perform” and raised its price target to $24 from $9.50, pointing to what it views as underappreciated earnings upside tied to the company’s shift toward AI and high-performance computing (HPC). KBW said…
