Will This Price Target Decrease Hurt Noodles & Company (NDLS) Stock Today? (Update)

Update (9:38 a.m.): Updated with Wednesday market open information.

NEW YORK (TheStreet) -- Jefferies decreased its price target on Noodles & Company  (NDLS) to $35, decreased its estimates and set a "hold" rating. The firm notes SSS down with several headwinds will challenge FY14 target.

The stock was down 8.47% to $34.78 at 9:37 a.m. on Wednesday.

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