Latest news with #PeterChristiansen
CNBC
29-07-2025
- Business
- CNBC
Citigroup hikes price target on Coinbase, sees room for shares to rise more than 30%
Coinbase stands to gain from legislative momentum as well as stronger bitcoin prices and improved custodial fee revenue, according to Citigroup Global Markets. Analyst Peter Christiansen reiterated his buy rating on the crypto services provider and lifted his price target by 87%, to $505 from $270. The new target suggests the stock still has roughly 33% potential upside. Shares of Coinbase have rallied about 52% this year, helped by the Trump administration's favorable attitude toward cryptocurrencies and the entire financial ecosystem surrounding them. "Coinbase has enjoyed several catalysts in recent weeks, including: (i) signing of the GENIUS Act (stablecoins), (ii) House passage of the CLARITY Act (market structure), and (iii) inclusion in the S & P 500," Christiansen said in a 27=age report to clients published Monday. "We also believe investors are beginning to place a premium on blockchain innovations applicable for real-world activities." COIN 1Y mountain Coinbase stock performance over the past year. Christiansen said his new price target is driven by the quarterly rise in crypto prices of between 40% and 45%, and a better yield on Coinbase's Subs-n-Services revenue. The analyst expects Coinbase's integration of stablecoin USDC and new product announcements, such as its card partnership with American Express and new payments features, will lift Coinbase One subscriber growth. Coinbase in June announced that the American Express card will be available exclusively to U.S. members of the company's monthly subscription product Coinbase One, which offers zero trading fees and other perks. "We continue to see upside for COIN from adding futures and options as well as benefiting from its category leadership in the forthcoming regulated era of crypto," Christiansen said.
Yahoo
23-06-2025
- Sport
- Yahoo
Wind likely to leave Wolfsburg: "It's never ideal when a player enters the final contract year"
Wind likely to leave Wolfsburg: "It's never ideal when a player enters the final contract year" After three and a half years at the Volkswagen Arena, Jonas Wind appears increasingly likely to leave VfL Wolfsburg during the summer transfer window. Although the Danish striker scored a respectable nine goals in the Bundesliga last season, the 26-year-old endured a difficult campaign under now-dismissed head coach Ralph Hasenhüttl, often struggling to secure a regular starting spot. Advertisement With just one year left on his contract, Wind could now be on the move. 'It's never ideal when a player enters the final contract year,' Wolfsburg's managing director for sport, Peter Christiansen, stressed. The challenge, however, is that there are currently no concrete suitors for the striker, according to Kicker. Wind has previously made no secret of his admiration for English football. In an exclusive interview with back in 2022, the Danish international expressed his dream of playing in the Premier League. 'If we look into the future, Arsenal would be a dream destination for me, as it has always been my favorite club,' Wind told Advertisement "In general, I think the Premier League is the best league in the world, and it would be exciting to play there. But as I said, that's not what I'm focusing on at the moment. I'm doing well here in Wolfsburg, it's a good club for me, and the Bundesliga is a great league to play in. "At the moment, I'm just focusing on my performances here, and then we'll see if I'm good enough to take the next step sometime in the future.'
Associated Press
12-06-2025
- Sport
- Associated Press
Wolfsburg hires surprise Dutch Cup winner Paul Simonis as new coach
WOLFSBURG, Germany (AP) — Wolfsburg hired Paul Simonis as its new coach on Thursday after he won the Netherlands' top cup competition with his previous club Go Ahead Eagles. The 40-year-old Simonis joins on a two-year contract with a task to 'realign VfL Wolfsburg with fresh impetus,' managing director for sport Peter Christiansen said. Simonis' Dutch Cup win with Go Ahead Eagles in April was a surprise for a club which hadn't won a major trophy in 92 years, and came in his first career head coach role. The team's league finish of seventh was also its best in decades. He replaced Ralph Hasenhüttl after the former Southampton and Leipzig coach was fired with two games remaining of the Bundesliga. Wolfsburg finished 11th under stand-in Daniel Bauer. Simonis will be Wolfsburg's sixth permanent coach since 2021, the last year when it qualified for the men's Champions League. ___ AP soccer:
Yahoo
02-03-2025
- Business
- Yahoo
Leverkusen and Frankfurt court €50 million Bundesliga ace
Wolfsburg signed Algerian striker Mohamed Amoura from Belgian cup winners Union Saint-Gilloise on a loan deal, but they'll certainly exercise their buy option for €17 million. According to local outlets 'Aller-Zeitung' and 'Wolfsburger Allgemeine Zeitung", Wolfsburg are open to listen to offers in the range of €50 million. "It's fantastic how he has developed with us,' said Wolfsburg's sports director Peter Christiansen. 'Of course, there will be interested clubs. But, if we let a player go, there must not be a gap here and we should get what he is worth for the club.' Amoura scored nine goals in his first 22 Bundesliga appearances for the Green and Whites. Meanwhile, his assist in Bremen puts him third in the league's ranking with eight. The fleet-footed dribbler is the main reason for Wolfsburg's late push for European places. But, he could join a Champions League side by the end of the season. Bayer Leverkusen and Eintracht Frankfurt are currently lining up their offers to add the 24-year-old to their ranks. The champions are reportedly in pole position, while Frankfurt must secure a Champions League qualification to afford a transfer of that scale.
