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: Equinix, Inc.
Symbol: EQIX
Price: Last trade $295.39
Trade Date: 11/19
Shares: 2.54 million
Underwriter(s) J.P. Morgan, BofA Merrill Lynch, Citigroup, RBC Capital Markets, Barclays, TD Securities
Co Manager(s) ING, MUFG, HSBC, Evercore ISI, BTIG
Rating=Subscription Needed
Company: RE/MAX Holdings
Symbol: RMAX
Price: Last trade $41.95
Trade Date: 11/19
Shares: 4.5 million
Underwriter(s) Morgan Stanley, BofA Merrill Lynch, J.P. Morgan
Rating=Subscription Needed
Company: Opus Bank
Symbol: OPB
Price: Last trade $38.93
Trade Date: 11/18
Shares: 5.12 million
Underwriter(s) Sandler O’Neill, Keefe, Bruyette & Woods, J.P. Morgan, Credit suisse
Co Manager(s) Piper Jaffray
Rating=Subscription Needed
Company: Black Hills Corp.
Symbol: BKH
Price: Last trade $44.69
Trade Date: 11/18
Shares: 5.5 million
Underwriter(s) Credit Suisse, BofA Merrill Lynch, RBC Capital Markets, Wells Fargo Securities
Co Manager(s) BMO Capital Markets, J.P. Morgan, Morgan Stanley, Scotia Howard Weil, MUFG
Rating=Subscription Needed