DSC’s (NASDAQ:DSC – Get Free Report) quiet period will end on Tuesday, August 4th. DSC had issued 3,000,000 shares in its public offering on June 25th. The total size of the offering was $51,000,000 based on an initial share price of $17.00. During DSC’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 regulations issued by the Securities and Exchange Commission. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
Analyst Ratings Changes
DSC has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft started coverage on DSC in a research report on Monday, July 27th. They set a “buy” rating and a $12.00 price target on the stock. Wall Street Zen raised DSC to a “hold” rating in a report on Saturday, July 4th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, DSC currently has a consensus rating of “Buy” and a consensus price target of $12.00.
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DSC Price Performance
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