罗森布拉特分析师克里斯·布伦德勒（Chris Brendler）以买入维持Coinbase Global Inc Coin，并将目标目标从260美元提高到300美元

在过去的一周中，Coinbase股票在过去一周中增长了30％，而比特币的股票股票则为6％，在500年5月19日加入该公司后，标准普尔500指数中的股票股价为5％。

Rosenblatt analyst Chris Brendler maintained Coinbase Global Inc (NASDAQ:COIN) with a Buy and raised the price target from $260 to $300.

罗森布拉特分析师克里斯·布伦德勒（Chris Brendler）以买入维持Coinbase Global Inc（NASDAQ：COIN），并将目标目标从260美元提高到300美元。

Coinbase shares are up 30% over the past week versus a 6% move in Bitcoin and 5% in the S&P 500 Index after the news was announced about the company joining on May 19.

在过去的一周中，Coinbase股票在过去一周中增长了30％，而比特币的股票股票则为6％，在500年5月19日加入该公司后，标准普尔500指数中的股票股价为5％。

Although first-quarter earnings were solid given market conditions, the catalysts for the move are much more about the addition to the S&P 500 as the stock was up 24% Monday in the wake of the announcement after the market close on Tuesday.

尽管鉴于市场条件，但第一季度的收入是可靠的，但此举的催化剂更多地是关于标准普尔500指数的增加，因为周二宣布这一消息后，该股票上涨了24％。

“While it’s not uncommon to see stocks rise on this type of news, I’d argue the outsized move in Coinbase is warranted,” said Brendler.

布伦德勒说：“虽然看到这种新闻上涨的股票并不少见，但我认为有必要在Coinbase中进行大规模的举动。”

Coinbase will be the first pure-play crypto stock in the S&P 500. More importantly, as the analyst previously highlighted, Coinbase institutional ownership remains relatively low for a company of its size, scale and market position.

Coinbase将是标准普尔500标准普尔500中的第一批纯加密股票。更重要的是，正如分析师先前强调的那样，Coinbase机构所有权对于其规模，规模和市场地位的公司而言仍然相对较低。

With the S&P changes taking effect next week and a compelling outlook, Brendler expects institutional ownership to increase significantly.

下周的标准普尔变更生效，并具有令人信服的前景，布伦德勒（Brendler）预计机构所有权将大大增加。

The other key catalyst for Coinbase’s recent outperformance is likely last week’s announcement of the acquisition of Deribit, the global leader in crypto options trading (75% market share, $30 billion in open interest).

Coinbase最近表现的另一个主要催化剂可能是上周宣布收购Crypto期权交易全球领导者Deribit（75％的市场份额，300亿美元的开放利息）。

On Tuesday, the analyst had the opportunity to discuss the deal with Greg Tusar, Coinbase’s VP of Institutional Product, who led this M&A initiative.

周二，分析师有机会与Coinbase的机构产品副总裁Greg Tusar讨论了这笔交易，后者领导了这项并购计划。

Brendler highlighted the foundation for this acquisition was a strong cultural fit, Deribit’s $1 trillion+ in trading volumes are 70%-80% institutional, and the crypto options market does not yet exist in the US. Coinbase will be working closely with regulators to bring this business to the US, and the analyst expects to see progress in 2026.

布伦德勒（Brendler）强调了这次收购的基础是一种强大的文化契合度，Deribit的1万亿美元交易量+的机构为70％-80％，而在美国，加密货币期权市场尚不存在。 Coinbase将与监管机构紧密合作，将该业务带到美国，分析师希望在2026年取得进展。

Despite the outsized move over the last week, Brendler is still bullish, as Coinbase remains one of his favorite ideas. The macro backdrop has improved, trading volumes are rebounding and there’s still lots of upside potential from regulatory clarity.

尽管上周有超大的举动，但布伦德勒仍然是看好的，因为Coinbase仍然是他最喜欢的想法之一。宏观背景有所改善，交易量是反弹的，监管清晰度仍然具有很大的上升潜力。

Coinbase stock is up 0.82% to $259.01 at publication Wednesday.

周三出版时，Coinbase股票上涨0.82％，至259.01美元。