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Fly News Breaks for July 26, 2016
NDLS
Jul 26, 2016 | 06:52 EDT
Jefferies analyst Andy Barish downgraded Noodles & Company to Hold saying he's calling the top of the restaurant cycle. The industry has at least 18 months of challenges ahead in terms of softer same-store-sales and higher labor costs, Barish tells investors in a research note. He cut his price target for the shares to $10 from $14.
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