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: Baxalta Incorporated
Symbol: BXLT
Price: Last trade $41.05
Trade Date: 1/28
Shares: 35.3 million
Underwriter(s) J.P. Morgan
Rating=Subscription Needed
Company: Molson Coors Brewing Company
Symbol: TAP
Price: Last trade $87.86
Trade Date: 1/29
Shares: 2.7 million
Underwriter(s) UBS Investment Bank, BofA Merrill Lynch, Citigroup, BMO Capital Markets, MUFG, RBC Capital Markets, Wells Fargo Securities
Rating=Subscription Needed