Aquantia’s (NYSEMKT:AQ) quiet period will expire on Wednesday, December 13th. Aquantia had issued 6,818,000 shares in its initial public offering on November 3rd. The total size of the offering was $61,362,000 based on an initial share price of $9.00. During Aquantia’s quiet period, underwriters and any insiders that worked on the IPO are restricted from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

AQ has been the topic of a number of recent analyst reports. Deutsche Bank initiated coverage on shares of Aquantia in a report on Tuesday, November 28th. They issued a “buy” rating and a $15.00 price target on the stock. Needham & Company LLC initiated coverage on shares of Aquantia in a report on Tuesday, November 28th. They issued a “buy” rating and a $15.00 price target on the stock. Raymond James Financial initiated coverage on shares of Aquantia in a report on Tuesday, November 28th. They issued an “outperform” rating and a $15.00 price target on the stock. Morgan Stanley initiated coverage on shares of Aquantia in a report on Tuesday, November 28th. They issued an “overweight” rating and a $15.00 price target on the stock. Finally, Barclays initiated coverage on shares of Aquantia in a report on Tuesday, November 28th. They issued an “overweight” rating and a $14.00 price target on the stock. Five investment analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and a consensus target price of $14.80.

COPYRIGHT VIOLATION WARNING: “Aquantia Corp.’s Quiet Period Set To Expire on December 13th (NYSEMKT:AQ)” was originally posted by American Banking News and is the property of of American Banking News. If you are reading this article on another domain, it was illegally copied and republished in violation of United States and international copyright law. The legal version of this article can be accessed at https://www.americanbankingnews.com/2017/12/06/aquantia-corp-s-quiet-period-set-to-expire-on-december-13th-nysemktaq.html.

About Aquantia

Acquity Group Limited is a holding company. The Company conduct its business through its principal operating subsidiary, Acquity Group LLC. It indirectly owns a 100% interest in Acquity Group LLC. The Company is an e-commerce and digital marketing company that uses the Internet, mobile devices and social media.

Receive News & Ratings for Aquantia Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aquantia Corp. and related companies with MarketBeat.com's FREE daily email newsletter.