TeraWulf price target raised to $10 from $8 at B. Riley

B. Riley analyst Lucas Pipes raised the firm’s price target on TeraWulf (WULF) to $10 from $8 and keeps a Buy rating on the shares. As of December 17, BTC has increased by around 53% since Election Day after reaching an all-time high above $107k, and during the same period, the global hash rate has risen by 11%, but peaked at around 890 EH/s for a brief period, the analyst tells investors in a research note.