Morgan Stanley Raises TeraWulf (WULF) Target to $72, Implying 242% Upside; Stock Soars 12%

According to Morgan Stanley, the firm raised its TeraWulf (WULF) price target to $72 from $66.50 on Wednesday, maintaining an 'Overweight' rating and implying roughly 242% upside from the stock's $21.06 opening price. WULF shares rose over 12% in morning trade, outperforming a broader market selloff after President Trump declared the U.S.-Iran ceasefire "over" at the NATO summit.
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