Secondaries announced 11.22.2016

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: Enable Midstream Partners, LP
Symbol: ENBL
Price: Last trade $16.09
Description: Re-offer $14.00-$14.50
Trade Date: 11/23
Shares: 10 million
Underwriter(s)Citigroup, Wells Fargo Securities
Rating=Subscription Needed

Company: Tracon Pharmaceuticals, Inc.
Symbol: TCON
Price: Last trade $6.85
Description: Re-offer $5.50-$6.00
Trade Date: 11/23
Shares: 2.2 million
Underwriter(s) Jefferies, Stifel
CoManager(s) BTIG
Rating=Subscription Needed