Shares of Noodles & Company (NDLS) have dropped from $36 to $17 in a few short months but now the stock is receiving it's first upgrade ever. UBS upgraded NDLS to buy with a $26 price target. The firm cites positive unit growth and potential upside to earnings estimates now that they've been slashed. This was my thinking as well and I continue to view Noodles & Company (NDLS) as a strong buy stock for the long term, 5-10 years.
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