Our Buy, Neutral or Avoid ratings of the Secondaries below are intended as a recommendation for those who buy Secondaries on a regular basis. For example, this is not to be interpreted as a Buy recommendation in the traditional sense of adding to your stock portfolio; this is a short term (usually one day or opening trade) time period. Spot secondaries or block trades due to the very short duration of announcement to trading, may take longer to \u201cwork\u201d, and should be judged accordingly. (the key is the pricing for spots and or blocks\u2026even more so than scheduled secondaries)<\/p>\n
<\/p>\n
Company: Akebia Therapeutics, Inc.
\nSymbol: AKBA
\nPrice: Last Trade $15.50
\nTrade Date: 6\/29
\nRe-offer Range: $14.50-$15.00
\nShares: 3.3 million ($50 million cash raise)
\nUnderwriter(s) : Morgan Stanley
\nRating = BUY<\/p>\n
Company: Carrizo Oil & Gas, Inc.
\nSymbol: CRZO
\nPrice: Last Trade $15.61
\nTrade Date: 6\/29
\nRe-offer Range: TBD
\nShares: 15.6 million
\nUnderwriter(s) : Goldman Sachs & Co., Wells Fargo Securities
\nRating = Neutral<\/p>\n
Company: Government Properties Income Trust
\nSymbol: GOV
\nPrice: Last trade $19.86
\nTrade Date: 6\/29
\nShares: 25 million
\nUnderwriter(s) : Citigroup, BofA Merrill Lynch, Morgan Stanley, UBS Investment Bank
\nRating = Neutral<\/p>\n
Company: Physicians Realty Trust
\nSymbol: DOC
\nPrice: Last Trade $21.60
\nTrade Date: 6\/29
\nRe-offer Range: $20.10-$20.90
\nShares: 20 million
\nUnderwriter(s) : KeyBanc Capital Markets, BofA Merrill Lynch, BMO Capital Markets, Morgan Stanley
\nRating = Neutral<\/p>\n","protected":false},"excerpt":{"rendered":"
Our Buy, Neutral or Avoid ratings of the Secondaries below are intended as a recommendation for those who buy Secondaries on a regular basis. For example, this is not to be interpreted as a Buy recommendation in the traditional sense of adding to your stock portfolio; this is a short term (usually one day or[…]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"zakra_general_container_width":0,"zakra_general_content_width":0,"zakra_general_sidebar_width":0,"zakra_sticky_header":"customizer","zakra_header_main_area":true,"zakra_site_logo_width":0,"zakra_header_top_enabled":"customizer","zakra_header_top_style":"customizer","zakra_primary_menu_item_style":"customizer","zakra_page_header_text_color":"","zakra_page_header_layout":"customizer","zakra_page_title_bg":"","zakra_footer_widgets_bg_image":0,"zakra_page_title_bg_repeat":"customizer","zakra_page_title_bg_position":"customizer","zakra_page_title_bg_size":"customizer","zakra_page_title_bg_attachment":"customizer","zakra_breadcrumbs_enabled":"customizer","zakra_breadcrumbs_text_color":"","zakra_breadcrumbs_separator_color":"","zakra_breadcrumbs_link_color":"","zakra_breadcrumbs_link_hover_color":"","zakra_page_title_bg_image":0,"zakra_footer_widgets_enabled":"customizer","zakra_footer_column_layout_1_style":"customizer","zakra_footer_widgets_bg":"","zakra_footer_widgets_bg_repeat":"customizer","zakra_footer_widgets_bg_position":"customizer","zakra_footer_widgets_bg_size":"customizer","zakra_footer_widgets_bg_attachment":"customizer","zakra_footer_bar_enabled":"customizer","zakra_footer_bar_style":"customizer","footnotes":""},"categories":[35],"tags":[314,228,13,1272],"class_list":["post-2500","post","type-post","status-publish","format-standard","hentry","category-secondary-offerings","tag-akba","tag-crzo","tag-doc","tag-gov"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/2500","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/comments?post=2500"}],"version-history":[{"count":1,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/2500\/revisions"}],"predecessor-version":[{"id":2501,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/2500\/revisions\/2501"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=2500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=2500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=2500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}