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Stocks W / Wild Oats Markets, Inc.


Subject:  Re: whats up with Oats Date:  3/23/2005  5:31 PM
Author:  boyent Number:  281 of 300

Yeah, I knew I should've doubled down on OATS when it was around $6.

The news for OATS lately suggests that two companies, KeyBanc and Prudential, have taken a liking to the stock. Key upped its call to AGGRESSIVE BUY from HOLD, new price target is $11.50. Prudential Equity Group upgraded the company to OVERWEIGHT from NEUTRAL and raised its share price target to $12 from $7, citing improving long-term growth prospects.

I predict it'll hover around $11 for a while, so it still has some reasonable updside from today's $9.27 close. But put a stop-loss in, especially before the next earnings release, cuz this company's been a disappointer...traders seem ready to profit from this guy's run-up...

A Cautious Optimist who's Long on OATS for 2 years now...

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