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: Northwestern Corporation
Symbol: NWE
Price: Last trade $53.14
Trade Date: 9/30
Shares: 1.1 million
Underwriter(s) RBC Capital Markets, Robert W. Baird & Co.
Rating=Subscription Needed
Company: Civitas Solutions, Inc.
Symbol: CIVI
Price: Last trade $24.48
Trade Date: 10/2
Shares: 3 million
Underwriter(s) Barclays, BofA Merrill Lynch, UBS Investment Bank
Co Manager(s) Raymond James, SunTrust Robinson Humphrey, BMO Capital Markets, Avondale Partners
Rating=Subscription Needed
Company: Dave & Buster’s Entertainment, Inc.
Symbol: PLAY
Price: Last trade $39.14
Trade Date: 10/1
Shares: 6 million
Underwriter(s) Jefferies, Piper Jaffray
Co Manager(s) William Blair, Raymond James, Stifel, BMO Capital Markets
Rating=Subscription Needed