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Analysts Offer Insights on Financial Companies: TeraWulf Inc (WULF) and Newtek Business (NEWT)

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on TeraWulf Inc (WULFResearch Report) and Newtek Business (NEWTResearch Report).

TeraWulf Inc (WULF)

In a report released today, Joe Flynn from Compass Point reiterated a Buy rating on TeraWulf Inc, with a price target of $3.50. The company’s shares closed last Monday at $2.24.

According to TipRanks.com, Flynn is a 1-star analyst with an average return of -5.9% and a 27.3% success rate. Flynn covers the Financial sector, focusing on stocks such as Stronghold Digital Mining, Galaxy Digital Holdings, and Coinbase Global.

Currently, the analyst consensus on TeraWulf Inc is a Strong Buy with an average price target of $3.62.

See today’s best-performing stocks on TipRanks >>

Newtek Business (NEWT)

Compass Point analyst Merrill Ross maintained a Hold rating on Newtek Business today and set a price target of $13.00. The company’s shares closed last Monday at $13.04.

According to TipRanks.com, Ross is a 4-star analyst with an average return of 6.0% and a 55.4% success rate. Ross covers the NA sector, focusing on stocks such as Innovative Industrial Properties, NewLake Capital Partners, and NexPoint Residential.

Newtek Business has an analyst consensus of Hold, with a price target consensus of $13.75, a 7.0% upside from current levels. In a report issued on May 7, KBW also assigned a Hold rating to the stock with a $13.00 price target.

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