UPDATE: BMO Capital Markets Terminates Coverage on Smithfield Foods Following Acquisition by Shuanghui International
In a report published Monday, BMO Capital Markets analyst Kenneth B. Zaslow terminated coverage on Smithfield Foods (NYSE: SFD).
In the report, BMO Capital Markets noted, “We are dropping coverage of SFD owing to its acquisition by Shuanghui International. SFD has been rated Market Perform since May 30, 2013.”
Smithfield Foods closed on Friday at $33.97.
Latest Ratings for SFD
|Jun 2013||DA Davidson||Downgrades||Buy||Neutral|
|May 2013||BMO Capital||Downgrades||Outperform||Market Perform|
|May 2013||Stephens & Co.||Downgrades||Overweight||Equal-Weight|
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