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: Axalta Coating Systems Ltd.
Symbol: AXTA
Price: Last trade $30.65
Trade Date: 8/12
Shares: 30 million
Underwriter(s) Citigroup, Goldman Sachs, Deutsche Bank, J.P. Morgan, BofA Merrill Lynch, Barclays, Credit Suisse, Jefferies, UBS Investment Bank
Co Manager(s) Morgan Stanley, BB&T Capital Markets, Nomura, SMBC Nikko, Academy Securities
Rating=Subscription Needed
Company: INC Research Holdings, Inc.
Symbol: INCR
Price: Last trade $48.20
Trade Date: 8/12
Shares: 8 million
Underwriter(s) Credit Suisse, J.P. Morgan
Rating=Subscription Needed