Morgan Stanley analyst Stephen Byrd raised the firm’s price target on TeraWulf (WULF) to $41.50 from $37 and keeps an Overweight rating on the shares. Bitcoin-to-data center conversion valuations look “increasingly attractive,” argues the analyst, who sees “significant base case upside” in both TeraWulf and Cipher Mining (CIFR) shares.
Meet Samuel – Your Personal Investing Prophet
Explore WULX for 2X leverage on WULFPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WULF:
- Crypto Currents: NY AG sues Coinbase, Gemini over prediction markets
- Mixed options sentiment in TeraWulf with shares down 4.63%
- Mixed options sentiment in TeraWulf with shares down 0.68%
- TeraWulf price target raised to $25 from $20 at Oppenheimer
- 2 Best ETFs to Buy in April 2026, According to Analysts