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: Farmland Parnters Inc.
Symbol: FPI
Price: Last trade $12.37
Trade Date: 7/16
Shares: 3 million
Underwriter(s) Baird, Stifel, Nomura, Wunderlich
Rating=Subscription Needed
Company: Sunoco LP
Symbol: SUN
Price: Last trade $40.75
Trade Date: 7/16
Shares: 5.5 million
Underwriter(s) Morgan Stanley, BofA Merrill Lynch, UBS Investment Bank, Wells Fargo Securities, Citigroup, Credit Suisse, Deutsche Bank Securities, Goldman Sachs, Jefferies, J.P. Morgan, Raymond James, RBC Capital Markets, Baird
Co Manager(s) Ladenburg Thalmann
Rating=Subscription Needed
Company: Radiant Logistics, Inc.
Symbol: RLGT
Price: Last trade $7.59
Trade Date: 7/16
Shares: TBD
Underwriter(s) Cowen, BB&T
Rating=Subscription Needed
Company: Synthetic Biologics Inc.
Symbol: SYN
Price: Last trade $3.76
Trade Date: 7/16
Shares: 10.6 million
Underwriter(s) William Blair & co., RBC Capital Markets
Co Manager(s) BTIG
Rating=Subscription Needed