Rosenblatt raised the firm’s price target on TeraWulf (WULF) to $6 from $4.50 and keeps a Buy rating on the shares after hosting TeraWulf CFO Patrick Fleury and Director of Investor Relations John Larkin at Rosenblatt’s Annual Tech Summit. The firm came away more optimistic about the company’s positioning and bullish about the near-term prospects, adding that it sees “compelling upside even after the recent run” with the stock trading at “a material discount to peers with relatively high short interest.”
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