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: RedHill Biopharma Ltd.
Symbol: RDHL
Price: Last trade $11.80
Description: No re-offer range available
Trade Date: 11/2
Shares: TBD
Underwriter(s)Roth Capital Partners, FBR
Rating=Subscription Needed
Company: Veracyte
Symbol: VCYT
Price: 7.13
Description: No re-offer range available
Trade Date: 11/2
Shares: 3.5 million
Underwriter(s)Leerink Partners LLC, BTIG, LLC
Rating=Subscription Needed
Company: Crown Castle
Symbol: CCI
Price: Last trade $89.94
Description: re-offer $88.60-$89.00
Trade Date: 11/2
Shares: 11.35 million
Underwriter(s)J.P. Morgan, Citigroup, Morgan Stanley
Rating=Subscription Needed
Company: NextEra Energy Partners, LP
Symbol: NEP
Price: Last trade $125.89
Description: No re-offer range available
Trade Date: 11/2
Shares: 12 million
Underwriter(s)Morgan Stanley, Goldman Sachs, BofA Merrill Lynch
Rating=Subscription Needed