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: Antero Midstream Partners LP
Symbol: AM
Price: Last trade $33.89
Description: Re-offer range $33.20-$33.55
Trade Date: 2/7
Shares: 5 million
Underwriter(s)Barclays, Wells Fargo
Rating=Subscription Needed
Company: Houlihan Lokey
Symbol: HLI
Price: Last trade $32.57
Trade Date: 2/9
Shares: 10 million
Underwriter(s)BofA Merrill Lynch, Goldman Sachs, J.P. Morgan, UBS Investment Bank, Keefe, Bruyette & Woods, Houlihan Lokey Capital
Co Manager(s)Sandler O’Neill & Partners, JMP Securities
Rating=Subscription Needed