Keefe Bruyette Upgrades TeraWulf (WULF) on Massive 505% Projected EBITDA Growth

TeraWulf Inc. (NASDAQ:WULF) is one of the most buzzing stocks to invest in according to hedge funds. On December 31, Keefe Bruyette analyst Stephen Glagola upgraded TeraWulf to Outperform from Market Perform with a price target of $24, up from $9.50, due to a significant market underestimation of the company’s pivot from Bitcoin mining to HPC. The firm projects that TeraWulf’s existing lease agreements will drive a massive 505% CAGR in EBITDA through 2027. Glagola maintains that the recent sector-wide sell ...