Peter Saleh

Wingstop Inc (NASDAQ: WING) reported third-quarter results that prompted one analyst to remain a bull while another is sticking to the sidelines. Cowen: 'Can Go The Distance' Wingstop's same-store sales in the third quarter were higher by 25.4% although this wasn't a surprise...

McDonald's Corp (NYSE: MCD) announced Tuesday a business update consisting of its same-store sales performance in April and May and COVID-19-related commentary. Here is a summary of how some of the Street's top analysts reacted to the report. The Analysts BTIG analyst Peter Saleh maintains...

Plant-based food maker Beyond Meat Inc (NASDAQ: BYND) continues to mostly benefit from the "young female consumer in the urban environment," BTIG analyst Peter Saleh said Thursday on CNBC's "Trading Nation." What Happened On Tuesday, Saleh initiated coverage of Beyond Meat...

Restaurant operators of all sizes are being impacted by the coronavirus and investors looking for exposure should follow the concept that "cash is king," according to BTIG. The Analyst Peter Saleh upgraded Dunkin Brands Group Inc (NASDAQ: DNKN) from Neutral to Buy with a $60 price...

The dine-in restaurant industry as a whole will likely experience a year of decline in 2020 given notable distractions including the Olympics and the U.S. presidential election. Industry Trends During an election cycle, consumers tend to stay at home more often -- as was the case in 2016, BTIG...

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...