Secondaries announced 11.14.2016

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: CareTrust REIT, Inc.
Symbol: CTRE
Price: Last trade $13.99
Description: Re-offer range $13.25-$13.75
Trade Date: 11/15
Shares: 5.5 million
Underwriter(s)Wells Fargo Securities, KeyBanc Capital Markets, Raymond James
Rating=Subscription Needed

Company: Tesaro, Inc.
Symbol: TSRO
Price: Last trade $148.50
Description: Re-offer range $142.55-$147.00
Trade Date: 11/15
Shares: 1.75 million
Underwriter(s)Citigroup, Leerink Partners, Credit Suisse, Wells Fargo
Rating=Subscription Needed

Company: Golar LNG Ltd.
Symbol: GLNG
Price: Last trade $23.79
Description: Re-offer $23.08-$23.79
Trade Date: 11/15
Shares: 5.7 million
Underwriter(s)Citigroup, Clarksons Platou Securities, Danske Markets, Evercore ISI
Rating=Subscription Needed

Company: AngioDynamics, Inc.
Symbol: ANGO
Price: Last trade $17.05
Description: Re-offer range $16.00-$16.25
Trade Date: 11/15
Shares: 2.5 million
Underwriter(s)Barclays Capital
Rating=Subscription Needed

Company: Global Blood Therapeutics
Symbol: GBT
Price: Last Trade $20.70
Description: Re-offer range $19.55-$20.25
Trade Date: 11/15
Shares: 2 million
Underwriter(s)Wells Fargo
Rating=Subscription Needed

Company: Extended Stay America, Inc.
Symbol: STAY
Price: Last trade $15.26
Description: No re-offer range available
Trade Date: 11/15
Shares: 12.75 million
Underwriter(s)J.P. Morgan
Rating=Subscription Needed

Company: First Republic Bank
Symbol: FRC
Price: Last trade $84.69
Description: Re-offer range $82.48-$83.40
Trade Date: 11/15
Shares: 3 million
Underwriter(s)BofA Merrill Lynch, J.P. Morgan, Morgan Stanley, UBS Investment Bank
Rating=Subscription Needed