Stifel Nicolaus Keeps Their Buy Rating on TeraWulf Inc (WULF)

Stifel Nicolaus analyst Bill Papanastasiou maintained a Buy rating on TeraWulf Inc (WULF – Research Report) today and set a price target of $3.00. The company’s shares closed yesterday at $1.72.

According to TipRanks, Papanastasiou is a 4-star analyst with an average return of 29.8% and a 54.55% success rate. Papanastasiou covers the Financial sector, focusing on stocks such as HIVE Blockchain Technologies, TeraWulf Inc, and Bitfarms.

Currently, the analyst consensus on TeraWulf Inc is a Strong Buy with an average price target of $3.67.

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WULF market cap is currently $516.6M and has a P/E ratio of -3.28.

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TeraWulf Inc (WULF) Company Description:

IKONICS Corp. engages in the development, manufacture, and trade of photochemical imaging products. It operates through the following business segments: Domestic, Export, IKONICS Imaging, Digital Texturing and Advanced Material Solutions. The Domestic segment supplies screen printing film, emulsions, and inkjet receptive film to distributors in the United States and Canada. The Export segment markets and trades emulsions and coated film. The IKONICS Imaging segment develops and sells photo resistant film, art supplies, glass, metal medium, and abrasive etching equipment. The DTX segment includes patented inkjet technology used for mold texturing and prototyping. The AMS segment supplies sound deadening technology to the aerospace industry. The company was founded in 1952 and is headquartered in Duluth, MN.