Harvard’s odds to win its Boston court battle look favorable—but the larger war is up in the air. Legal analysts say Harvard has a strong case in arguing that the U.S. government improperly cut $2.2 billion in federal funding from the Ivy League school. The federal district judge presiding over a key hearing Monday appeared skeptical of the government’s arguments. But President Trump is already threatening to appeal. He has many ways to inflict damage on the university meanwhile, and Harvard’s prospects—should the case end up at the Supreme Court—are less clear. “Harvard can win in the courtroom but still...