Anteris Technologies Global Corp’s Quiet Period Set To End on January 22nd (NASDAQ:AVR)

Anteris Technologies Global’s (NASDAQ:AVR) quiet period is set to expire on Wednesday, January 22nd. Anteris Technologies Global had issued 14,800,000 shares in its public offering on December 13th. The total size of the offering was $88,800,000 based on an initial share price of $6.00. During Anteris Technologies Global’s quiet period, insiders and any underwriters involved in the IPO are restricted from issuing any research reports or earnings estimates for the company because of SEC regulations. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Wall Street Analysts Forecast Growth

AVR has been the subject of a number of research analyst reports. TD Cowen started coverage on shares of Anteris Technologies Global in a report on Tuesday, January 7th. They issued a “buy” rating and a $15.00 target price for the company. Lake Street Capital began coverage on Anteris Technologies Global in a research note on Wednesday, January 8th. They issued a “buy” rating and a $20.00 price objective for the company. Barclays assumed coverage on Anteris Technologies Global in a research report on Tuesday, January 7th. They set an “overweight” rating and a $22.00 target price on the stock. Finally, Cantor Fitzgerald assumed coverage on Anteris Technologies Global in a research report on Tuesday, January 7th. They issued an “overweight” rating and a $9.00 price target for the company.

Anteris Technologies Global Stock Up 0.2 %

Shares of AVR opened at $5.61 on Wednesday. Anteris Technologies Global has a 1-year low of $5.10 and a 1-year high of $6.10.

Anteris Technologies Global Company Profile

Anteris Technologies Global Corp. engages in the development and commercialization of medical devices for heart diseases. The company was founded in 1999 and is headquartered in Eagan, MN.