Morgan Stanley reiterates TeraWulf as 'severely mispriced', Overweight with $65 base-case target

Morgan Stanley reiterated TeraWulf (WULF) as Overweight and 'severely mispriced', with a $65 base-case price target versus the $11.54 Oct 14 close. The firm's bear case is $17.50 and bull case $104.50, and says signed contracts should generate roughly $1.5 billion in annual NOI.

Detected & updated continuously · Source: Nebula