Secondaries announced 6.1.2016

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: Easterly Government Properties, Inc.
Symbol: DEA
Price: Last trade $18.97
Description: Re-offer range $17.90-$18.50
Trade Date: 6/2
Shares: 6.1 million
Underwriter(s) Citigroup, Jefferies, Raymond James, RBC Capital Markets
Rating=Subscription Needed

Company: Consol Energy-BLOCK
Symbol: CNX
Price: Last trade $15.50
Description: Re-offer range $15.10-$15.20
Trade Date: 6/2
Shares: 7 million
Underwriter(s) Morgan Stanley
Rating=Subscription Needed