Anteris Technologies Global Corp’s Quiet Period Will End Tomorrow (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 IPO 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 that worked on the IPO are prevented from issuing any earnings forecasts or research reports 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

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

Anteris Technologies Global Trading Down 0.2 %

Shares of AVR stock opened at $5.99 on Tuesday. Anteris Technologies Global has a 1-year low of $5.10 and a 1-year high of $6.10.

About Anteris Technologies Global

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.