TeraWulf Inc (NASDAQ:WULF) shares are flying on Monday.
BofA Securities initiated coverage on the stock with a Buy rating and a $34 price objective.
Here's what you should know.
TeraWulf stock is at critical resistance.
What's behind WULF new highs?
TeraWulf Stock Is On The Rise: What's Going On Today? - TeraWulf (NASDAQ:WULF)
TeraWulf shares are flying on Monday. BofA Securities initiated coverage on the stock with a Buy rating and a $34 price objective.
TL;DRAI
BofA initiated Buy coverage at $34, projecting TeraWulf's capacity will grow from 60 MW to 1 GW and revenue from $226M to $1.8B by 2028. Power availability constrains AI infrastructure; TeraWulf's grid access and Google-backed Fluidstack contracts create durable competitive advantage.
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