Secondaries announced 5.19.2016

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: Sovran Self Storage
Symbol: SSS
Price: Last trade $111.35
Trade Date: 5/20
Shares: 6 million
Underwriter(s) Wells Fargo Securities, Citigroup, SunTrust Robinson Humphrey
Rating=Subscription Needed

Company: Check Point Software Technologies-BLOCK
Symbol: CHKP
Price: Last trade $82.37
Description: Re-offer price $82.00
Trade Date: 5/20
Shares: 675,000
Underwriter(s) Morgan Stanley
Rating=Subscription Needed