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.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.