Jefferies lowers price targets for three AI infrastructure companies while maintaining buy ratings
WULF TeraWulf Inc
$12.56 +1.45%
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- 1Jefferies lowered the price target for TeraWulf Inc. from $15 to $14.
- 2The price target for Hut 8 Corp. was adjusted down from $90 to $81.
- 3The price target for Cipher Digital Inc. was lowered from $12 to $10.
So what's the key point?
Jefferies has lowered its expectations for how much the stock prices of three AI-related companies will rise. This means the firm is valuing these companies, including TeraWulf Inc., slightly lower than before.
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