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: Valero Energy
Symbol: VLP
Price: Last trade $49.76
Trade Date: 11/20
Shares: 4.25 million
Underwriter(s) J.P. Morgan
Rating=Subscription Needed
Company: Bright Horizons Family Solutions
Symbol: BFAM
Price: Last trade $64.88
Trade Date: 11/19
Shares: 3.65 million
Underwriter(s) Barclays
Rating=Subscription Needed
Company: The Habit Restaurants, Inc.
Symbol: HABT
Price: Last trade $30.34
Trade Date: 11/20
Shares: 5 million
Underwriter(s) Piper Jaffray, Robert Baird, Wells Fargo Securities, Raymond James
Co Manager(s) Stifel, Stephens
Rating=Subscription Needed