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: Heartland Financial USA, Inc.
Symbol: HTLF
Price: Last trade $38.15
Description: Re-offer $37.40-$37.75
Trade Date: 11/3
Shares: 1.4 million
Underwriter(s)Raymond James
Rating=Subscription Needed
Company: Wingstop Inc.
Symbol: WING
Price: Last trade $27.17
Description: No re-offer range available
Trade Date: 11/3
Shares: 6.76 million
Underwriter(s)Morgan Stanley
Rating=Subscription Needed
Secondaries announced 11.2.2016