7 Analysts Have This to Say About TeraWulf
Portfolio Pulse from Benzinga Insights
TeraWulf (NASDAQ:WULF) has received 7 analyst ratings in the last quarter, with 3 being bullish and 4 somewhat bullish. There were no indifferent, somewhat bearish, or bearish ratings. The average 12-month price target for WULF is $3.57, with a high of $4.00 and a low of $3.00. This target has decreased by 20.67% from the previous target of $4.50. Analysts rate stocks based on future earnings potential and the predictability of a company's revenue streams.
November 14, 2023 | 8:00 pm
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POSITIVE IMPACT
TeraWulf has received a majority of positive ratings from analysts, with an average price target of $3.57, which is a decrease from the previous target of $4.50.
The positive ratings from analysts suggest optimism about TeraWulf's future performance. However, the decrease in the average price target may temper expectations slightly. The ratings are a strong indicator of market sentiment, which can influence short-term stock price movements. Given that there are no bearish or even neutral ratings, the overall impact is likely to be positive, but the reduced price target introduces some caution.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100