Noodles & Company (NDLS) Maintains Momentum in Post-IPO Trading
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Noodles & Co. (NDLS) Premium Difficult to Justify; Wedbush Starts at Neutral
July 8, 2013 8:31 AM EDTWedbush initiated coverage on Noodles & Co. (NASDAQ: NDLS) with a Neutral rating and a price target of $35.00. Analyst Nick Setyan thinks the stock's massive premium is unwarranted.
"We believe NDLS' current 187% and 98% premiums on a P/E and EV/EBITDA basis, respectively, to... More
Noodles & Co. (NDLS) Becomes 2nd Best Performing IPO of 2013 in Short Order
July 2, 2013 10:39 AM EDTLast week's hot IPO for Noodles & Co. (NASDAQ: NDLS) is surging today. Shares are up 25.55% to $48.26 after trading as high as $51.97.
Noodles & Co came public on Friday, June 28 at $18, suggesting upside of 168%. It is already the second best performing IPO for the year... More
Chipotle (CMG) Moves Higher Following Noodles & Co. (NDLS) IPO
June 28, 2013 11:06 AM EDTChipotle Mexican Grill (NYSE: CMG) is moving higher as Noodles & Company (Nasdaq: NDLS) opens for trade.
Notably, Noodles & Company CEO Kevin Reddy was previously Chief Operating Officer at Chipotle before joining the company.
Shares of Chipotle are up 0.8 percent Friday.... More
