Bank of America Initiates Buy Rating on TeraWulf Amid AI Infrastructure Transition

TeraWulf (NASDAQ: WULF) shares increased by 8% following Bank of America's initiation with a 'Buy' rating and $34 price target. The firm highlighted the company’s shift from bitcoin mining to high-performance computing infrastructure for AI, projecting significant revenue and EBITDA growth through 2028.

By Proactive Mon, June 15, 2026 at 10:55 PM GMT+3 2 min read · Yahoo Finance · June 15, 2026, 19:55 UTC

Tickers: $BAC $WULF

Topics: AI infrastructure bank of america data centers stock rating

Read the full article at Yahoo Finance

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