Noodles & Co. (NDLS) PT Cut to $17 at RBC Capital

BofA/Merrill Lynch Downgrades Noodles & Co. (NDLS) to Underperform

BofA/Merrill Lynch downgraded Noodles & Co. (NASDAQ: NDLS) from Neutral to Underperform with a price target of $16.00 (from $23.00).

For an analyst ratings summary and ratings history on Noodles & Co. click here. For more ratings news on Noodles & Co. click here.

Shares of Noodles & Co. closed at $16.70 yesterday.

Pre-Open Stock Movers 05/06: (GEVA) (BRDR) (FATE) (MGI) Higher; (WLT) (ZU) (NDLS) Lower (more...)

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Noodles & Company (NDLS) Has Challenging 1Q, Jefferies Says

Jeffries maintains a Buy rating for Noodles & Company (NASDAQ: NDLS) but decreases the price target to $22 (from $27) following results. With issues stemming from brand, competition, and impact, management took EPS guide down to flat year for 2015. The company's current promo "Buff Bowls" (low... More

After-Hours Stock Movers 05/05: (BRDR) (MGI) (HLF) Higher; (ZU) (NDLS) (ANAD) Lower (more...)

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MoneyGram (NASDAQ: MGI)... More

Noodles & Company (NDLS) Misses Q1 EPS by 2c

Noodles & Company (NASDAQ: NDLS) reported Q1 EPS of $0.03, $0.02 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $105.8 million versus the consensus estimate of $108.74 million.

Comparable restaurant sales increased 0.8% for company-owned restaurants, 1.4% for franchise restaurants and 0.9% system-wide.

For earnings... More