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 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.