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BB&T Capital reiterates its hold rating on Wild Oats Markets (OATS
Analyst Andrew Wolf says while Wild Oats is in the attractive natural food sector, he doesn't think the company is the best acquisition target, based on asset quality. Once you look at Wild Oats, he says, and its position in the marketplace, it seems an unlikely acquisition target.
Wolf says Wild Oat's store base is smaller than it needs to be to drive the kind of earnings for traditional food retailing.