Anteris Technologies Global Corp’s Quiet Period To Expire Tomorrow (NASDAQ:AVR)

Anteris Technologies Global’s (NASDAQ:AVR) quiet period is set to end on Wednesday, January 22nd. Anteris Technologies Global had issued 14,800,000 shares in its IPO on December 13th. The total size of the offering was $88,800,000 based on an initial share price of $6.00. During the company’s quiet period, insiders and underwriters that worked on the IPO are prevented 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.

Analysts Set New Price Targets

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

Anteris Technologies Global Stock Down 0.2 %

Shares of AVR opened at $5.99 on Tuesday. Anteris Technologies Global has a 12-month low of $5.10 and a 12-month 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.