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: Teladoc, Inc.
Symbol: TDOC
Price: Last trade $17.35
Trade Date: 1/19
Shares: 7.25 million
Underwriter(s)J.P. Morgan, Piper Jaffray, Wells Fargo, William Blair
Co Manager(s)SunTrust Robinson Humphrey, Oppenheimer & Co.
Rating=Subscription Needed
Company: Evans Bancorp
Symbol: EVBN
Price: Last trade $35.55
Description: No re-offer range available
Trade Date: 1/18
Shares: 393,000
Underwriter(s)Sandler O’Neill & Partners, L.P.
Co Manager(s)Hovde Group, LLC
Rating=Subscription Needed
Company: Almost Family
Symbol: AFAM
Price: Last trade $47.90
Trade Date: 1/20
Shares: 2.5 million
Underwriter(s)J.P. Morgan, BofA Merrill Lynch
Co Manager(s)Capital One Securities, Fifth Third Securities, Regions Securities
Rating=Subscription Needed