KBW Upgrades TeraWulf to Outperform, Cites AI Pivot for Growth
KBW has upgraded TeraWulf to outperform, citing the company's pivot towards AI as a catalyst for sharp growth. The bank also raised its price target on the shares from $9.50 to $24, according to reports. The upgrade reflects a positive outlook on TeraWulf's strategic shift and its potential impact on the company's performance.
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