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Fly News Breaks for October 17, 2019
NDLS
Oct 17, 2019 | 08:04 EDT
Jefferies analyst Andy Barish believes Noodles & Company's same-store-sales momentum continued in Q3, with benefits from its menu board refresh, continued zoodles traction, caulifloodles launch, and the digital relaunch. The stock remains "depressed" by the private equity overhang and other factors, says the analyst, who continues to see an "attractive valuation for this small cap turnaround." He keeps a Buy rating on Noodles & Company with an $11 price target.
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