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: NextEra Energy Partners, LP
Symbol: NEP
Price: Last trade $28.35
Trade Date: 9/11
Shares: 7.05 million
Underwriter(s) Wells Fargo Securities, Barclays, BofA Merrill Lynch, Credit Suisse, Goldman Sachs, Morgan Stanley
Co Manager(s) BMO Capital Markets, Mizuho Securities, RBC Capital Markets, UBS Investment Bank
Rating=Subscription Needed
Company: Energy Focus, Inc.
Symbol: EFOI
Price: Last trade $23.00
Trade Date: 9/11
Shares: 2.2 million
Underwriter(s) Oppenheimer & Co., Canaccord Genuity
Co Manager(s) Rodman & Renshaw
Rating=Subscription Needed
Company: Trevana, Inc.
Symbol: TRVN
Price: Last trade $10.35
Trade Date: 9/11
Shares: 5.8 million
Underwriter(s) Jefferies, Cowen & Co., Barclays
Rating=Subscription Needed