Analysts Citi initiated coverage of TeraWulf (WULF) with a buy rating and a price target of $36, implying upside of 39.4%
Citi has initiated coverage of TeraWulf with a buy rating and a price target of $36, indicating a potential upside of 39.4%, despite the stock's impressive 500% gain over the past year. This reflects confidence in the company's pivot towards energy infrastructure for high-performance computing systems, particularly in the AI sector.