Anteris Technologies Global Corp’s (NASDAQ:AVR) Quiet Period Will Expire on January 22nd

Anteris Technologies Global’s (NASDAQ:AVR) quiet period will 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 the company’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.

Analysts Set New Price Targets

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

Anteris Technologies Global Stock Up 2.2 %

Shares of Anteris Technologies Global stock opened at $6.00 on Friday. Anteris Technologies Global has a twelve month low of $5.10 and a twelve month 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.