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Rosenblatt reiterates Terawulf stock rating citing Anthropic deal

Rosenblatt reiterates Terawulf stock rating citing Anthropic deal
Analyst Bio:

Rosenblatt reiterated a Buy rating and $30.00 price target on Terawulf Inc. (NASDAQ:WULF) following management meetings at the firm’s 6th Annual Tech Summit earlier this week.

The bitcoin mining company’s shares have fallen 43% over the last 60 days compared to a 30% decline for its closest peers. Trading at $16.45, the stock now sits 45% below its 52-week high of $29.84, though it has still delivered a 79% return over the past year.

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