Secondaries announced 11.9.2015

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: Controladora Vuela Compania de Aviacion, S.A.B. de C.V.
Symbol: VLRS
Price: Last trade $17.36
Trade Date: 11/10
Shares: 9 million
Underwriter(s) Morgan Stanley, Deutsche Bank Securities, Citi, Evercore ISI, UBS
Rating=Subscription Needed

Company: Callon Petroleum
Symbol: CPE
Price: Last trade $9.15
Trade Date: 11/10
Shares: 10 million
Underwriter(s) J.P. Morgan, Credit Suisse
Rating=Subscription Needed

Company: First Republic Bank
Symbol: FRC
Price: Last trade $67.98
Trade Date: 11/10
Shares: 3 million
Underwriter(s) BofA Merrill Lynch, Goldman Sachs, J.P. Morgan, Morgan Stanley
Rating=Subscription Needed

Company: EQT Midstream Partners
Symbol: EQM
Price: Last trade $76.19
Trade Date: 11/10
Shares: 5.65 million
Underwriter(s) Citi, Barclays
Rating=Subscription Needed

Company: Fitbit, Inc.
Symbol: FIT
Price: Last trade $37.46
Trade Date: 11/13
Shares: 21 million
Underwriter(s) Morgan Stanley, Deutsche Bank Securities, BofA Merrill Lynch, Barclays, Citigroup
Co Manager(s) SunTrust Robinson Humphrey, Piper Jaffray, RBC Capital Markets, Stifel
Rating=Subscription Needed