Secondaries announced 5.17.2016

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: Performance Food Group Company
Symbol: PFGC
Price: Last trade $27.00
Trade Date: 5/19
Shares: 12 million
Underwriter(s) Credit Suisse, Barclays, Wells Fargo, Morgan Stanley
Rating=Subscription Needed

Company: Shell Midstream Partners, L.P.
Symbol: SHLX
Price: Last trade $36.37
Description: Re-offer range $33.12-$35.00
Trade Date: 5/18
Shares: 9.5 million
Underwriter(s) Barclays
Rating=Subscription Needed