Morgan Stanley raises targets for Bitcoin miners on AI pivot

Morgan Stanley raised targets on Bitcoin miners pivoting to AI data centers, citing attractive valuations. TeraWulf (WULF) and Cipher Mining (CIFR) saw Overweight ratings and price hikes to $41.50 and $40.50. MARA (MARA) got a target hike to $8.50 but kept an Underweight rating. WULF rose 3%.