IPO Track Record

IPO Global Research Recommendations	IPO Global Research Rating	IPO's	IPO's On Target	% On Target	Average % Gain
STRONGEST BUY	5	6	6	100	148.06
STRONG BUY	4	21	20	95.24	116.74
MODERATE BUY	3	80	70	87.50	25.45
NEUTRAL	2	121	N/A	N/A	2.14
AVOID	1	0	0	0%	0

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