Noodles & Co: Now You’re Losing Confidence?!?!
July 26, 2016 at 09:59 AM EDT
Shares of Noodles & Co. ( NDLS ) are in free fall this morning after the fast-casual eatery announced the departure of its CEO and said revenue would fall short of analyst forecasts . BMO Capital Markets analyst Andrew Strelzik writes that he is "losing confidence" in Noodles' progress and cuts Nits shares to Market Perform from Outperform:
