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Fly News Breaks for May 31, 2018
NDLS
May 31, 2018 | 07:28 EDT
CL King initiated Noodles & Company with a Buy and $11.50 price target telling investors its highly differentiated brand positions it for success as execution is improved. The firm views Noodles & Company as a compelling turnaround story as new management has closed more than 55 stores and the company has recapitalized through a private placement, returning it to profitability.
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