Northland raised the firm’s price target on TeraWulf (WULF) to $18.25 from $16.25 and keeps an Outperform rating on the shares. The firm believes TeraWulf now has “the right pieces in place” for substantial future high-performance computing growth, adding that the company now knows what Google (GOOGL) wants in a site and can help with this “huge Google/Anthropic cloud deal.”
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