WULFStill in the bull camp
Rosenblatt didn’t exactly break out the confetti here, but it did keep TeraWulf (WULF) at Buy with a $30 price target. That’s the kind of note that says, “We’re still rooting for this one,” even if the estimate sheet got a little less rosy.
The fine print matters
The headline twist is that Rosenblatt also lowered its estimates. So this isn’t a full-on victory lap — more like a coach saying, “Good game, but we’ve got some homework.” For you as an investor, the important part is that the firm didn’t cut its stance or slash the target price.
Why traders care
Analyst calls can move a stock because they shape the narrative. A Buy rating plus a still-lofty target tells the market TeraWulf remains in the “interesting, maybe undervalued” bucket, even if near-term expectations got nudged down.
Big picture: when analysts keep the optimism but dial back the spreadsheets, it usually means the story is still alive — just with fewer fireworks attached.