IPOBoutique.Com rates secondary offerings to hit the tape with a ‘BUY’, ‘NEUTRAL’ or ‘AVOID’ rating. Senior Managing Partner Scott Sweet maintains a track record for all secondary’s he’s issued with a ‘BUY’ rating.
Company: Synergy Pharmaceuticals, Inc.
Symbol: SGYP
Price: Last trade $7.07
Description: Re-offer range $6.60-$6.85
Trade Date: 2/1
Shares: 17.7 million
Underwriter(s)Cantor Fitzgerald, Canaccord Genuity
Rating=Subscription Needed
Company: Sanchez Energy
Symbol: SN
Price: Last trade $13.26
Description: Re-offer range $12.20-$12.80
Trade Date: 2/1
Shares: 10 million
Underwriter(s)J.P. Morgan
Rating=Subscription Needed
Company: Univar Inc.
Symbol: UNVR
Price: Last trade $29.82
Description: Re-offer $29.00-$29.50
Trade Date: 2/1
Shares: 15 million
Underwriter(s)Goldman Sachs
Rating=Subscription Needed