Peter Saleh

The fast-food industry continues to evolve with one main objective: serving customers how they want to be served. Gone are the days when customers can only place an order at the counter with a human. Instead, customers are making it clear in growing numbers orders must be placed through a machine...

Shares of Wendys Co (NASDAQ: WEN) lost more than 12% Tuesday after the company announced a nationwide expansion of its breakfast menu and lowered its guidance. Here is a summary of what some of the Street's top analysts are saying. Stephens: The Launch Wendy's will launch nationwide...

Pizza chain Papa John's Int'l, Inc. (NASDAQ: PZZA) said Wednesday that it will invest an additional $80 million in royalty relief, marketing campaigns and brand initiatives. The Analyst Stephens' Will Slabaugh maintained an Overweight rating on Papa John's with...

Activist investor Vintage Capital Management sent a letter to Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) urging the board to review strategic alternatives — including a sale to the activist investor. The Analyst BTIG's Peter Saleh maintained a Neutral rating on Red...

Online and mobile food ordering and delivery company GrubHub Inc (NYSE: GRUB) could more than quadruple its existing footprint, according to BTIG. The Analyst BTIG's Peter Saleh initiated coverage of GrubHub with a Buy rating and $95 price target. The Thesis GrubHub has partnerships with...

Domino's Pizza, Inc. (NYSE: DPZ) hosted analysts for an investor day presentation where management discussed its position in the restaurant market and its outlook. Here is a summary of what some of the Street's top analysts said after the event. The Analysts UBS' Dennis Geiger...

Darden Restaurants, Inc. (NYSE: DRI), best known for its Olive Garden and LongHorn Steakhouse brands, reported an EPS beat and slight revenue miss in its fiscal second quarter while management lifted its outlook higher. Here is a summary of how some of the Street's top analysts reacted to the...

Wendys Co (NASDAQ: WEN) boasts a compelling investment profile as multiple catalysts ahead will spur consistent sales growth, margin improvements and attractive capital returns, according to BTIG. The Analyst BTIG's Peter Saleh initiated coverage of Wendys with a Buy rating and $20 price target...

BTIG Research downgraded Texas Roadhouse (NASDAQ: TXRH) on the basis of both the restaurant chain's earnings and its valuation. The Analysts Analyst Peter Saleh downgraded Texas Roadhouse from Buy to Neutral. The Thesis Multiple expansion seems unlikely given Texas Roadhouse's...

Up more than 70 percent year-to-date and 35 percent since April, shares of Wingstop Inc (NASDAQ: WING) have risen "too far too fast," according to BTIG. The Analyst BTIG's Peter Saleh downgraded Wingstop from Buy to Neutral. The Thesis Restaurant chains who have shown an ability to...

Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) reported first-quarter results Tuesday that prompted BTIG to drop its bullish stance on the stock.  The Analyst BTIG's Peter Saleh downgraded Red Robin Gourmet Burgers from Buy to Neutral with no assigned price target. The...

Chipotle Mexican Grill, Inc. (NYSE: CMG) third-quarter earnings and revenues were a miss, and the stock is down a steep 15.05 percent at $275.50. That's a near five-year low for the fast casual chain.  Chipotle stock was down a steep 15.05 percent to $275.50, sinking to a near 5-year...

McDonald's Corporation (NYSE: MCD) third-quarter performance left sell-side impressed, with firms extolling the company for its stellar showing. As such, UBS maintained its Neutral rating on McDonald's but lifted its price target from $160 to $170. At the same time, BTIG maintained its Buy...

Analysts at BTIG held on to their Neutral rating on Chipotle Mexican Grill, Inc. (NYSE: CMG) after meeting with the restaurant chain's head of investor relations and treasury, Mark Alexee. The firm's Peter Saleh maintains a Neutral rating on Chipotle's stock with no assigned price...

Based on the more than 7-percent decline in Starbucks Corporation (NASDAQ: SBUX)'s stock investors concluded that the bad aspects of its fiscal third-quarter earnings report outweigh the good — but the opposite is true, at least according to BTIG's Peter Saleh. Saleh maintains a Buy rating on...