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: Ameris Bancorp
Symbol: ABCB
Price: Last Trade $48.30
Trade Date: 3/1
Shares: 1.55 million
Re-offer=Subscription Needed
Underwriter(s) Stephens Inc. and Keefe, Bruyette & Woods
Rating=Subscription Needed
Company: Colony Starwood Homes
Symbol: SFR
Price: $32.90
Trade Date: 3/2
Shares: 10.5 million
Underwriter(s) J.P. Morgan, BofA Merrill Lynch, Deutsche Bank Securities, Morgan Stanley, Citigroup and Goldman, Sachs & Co.
CoManager(s) Wells Fargo Securities
Rating=Subscription Needed
Company: Dermira, Inc.
Symbol: DERM
Price: Last Trade $33.69
Trade Date: 3/2
Shares: 3.7 million
Underwriter(s) Leerink Partners LLC, Evercore Group L.L.C and Guggenheim Securities
Co-Manager: Needham & Co.
Rating=Subscription Needed