BUZZ-Pest control firm Rollins dips after unveiling $1 bln secondary offering** Shares of Rollins Inc ROL.N down 1.7% at $57.59 post-market after secondary offering news
** Atlanta, Georgia-based pest control services firm commences $1 bln offering of shares by existing holders LOR Inc and Rollins Holding Company
** Morgan Stanley sole bookrunner
** Rollins has ~484.6 mln shares outstanding for $28.4 bln market cap
** ROL shares on Mon edged up 0.2% to close at $58.56
** Through Mon, shares up 26% YTD vs 17% advance in S&P 500 Industrials sector .SPLRCI
** 8 of 15 analysts rate ROL "strong buy" or "buy", rest rate "hold"; median PT is $61.50, per LSEG data
(Lance Tupper is a Reuters market analyst. The views expressed are his own)
((lance.tupper@tr.com 1-646-279-6380))
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