UPDATE: Keefe, Bruyette & Woods Terminates Coverage on CapitalSource Following Completion of PacWest Bancorp Merger

In a report published Monday, Keefe, Bruyette & Woods analyst Jacquelynne Chimera terminated coverage on

. In the report, Keefe, Bruyette & Woods noted, “We are dropping coverage of CapitalSource Inc. due to the completion of its merger with PacWest Bancorp. Our final 12-month rating and price target were Suspended and NA, respectively.” CapitalSource closed on Thursday at $15.58.