Peter Saleh

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...

Following the example of Domino's Pizza, Inc. (NYSE: DPZ), BTIG analyst Peter Saleh said McDonald's Corporation (NYSE: MCD) push into mobile ordering and pay-in-restaurant kiosks should help drive value to the stock. Saleh maintained his Buy on the Golden Arches and raised his price...

Commenting on Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB)'s nice positive surprise delivered for the first time in several quarters, BTIG said heavy investment in value is yielding results in the firm of same store momentum. Q1 Review Analysts Peter Saleh and Ben Parente noted that the company...

Chipotle Mexican Grill, Inc. (NYSE: CMG) patrons should be bracing for menu prices increase in the coming months, according to a note from BTIG. The view comes close on heels of reports of menu price increases and findings by BTIG based on its own pricing checks. Analysts Peter Saleh and Ben...

In the race to the top of the fast food chain, McDonald’s Corporation (NYSE: MCD) investors haven’t seemed to be lovin’ it. Meanwhile, Wendys Co (NASDAQ: WEN) fans appeared to gain faith that it’s really “better here,” and buyers of Restaurant Brands...

BTIG’s Peter Saleh remains positive on McDonald's Corporation (NYSE: MCD), given the expectations of sales improvement and potential for favorable risk/reward. Saleh maintains a Buy rating on the company, with a price target of $137. Creating Value The analyst believes McDonald...

BTIG’s Peter Saleh believes there is limited visibility into Chipotle Mexican Grill, Inc. (NYSE: CMG)'s sales, margins and EPS for 2017 and beyond. Saleh maintains a Neutral rating on the company. Limited Visibility “We believe management’s 2017 EPS guidance of $10.00, which they...

Starbucks Corporation (NASDAQ: SBUX) hosted on Wednesday its Investor Day presentation, which prompted Peter Saleh of BTIG Research to reiterate a Buy rating and $64 price target. According to Saleh, the coffee chain remains one of the "most compelling and forward-thinking concepts," given its...

On Thursday, Starbucks Corporation (NASDAQ: SBUX) announced that Howard Schultz would be stepping down as CEO to take on the role of executive chairman. BTIG’s Peter Saleh maintains a Buy rating on the company, with a price target of $64. Executive Change Mentioning that this executive...

Shares of Buffalo Wild Wings (NASDAQ: BWLD) climbed over 4 percent in Thursday's pre-market hours after its quarterly earnings met the Street view. However, BTIG analysts continue to see too many concerns regarding sales and earnings growth to upgrade their rating. The firm remains at Neutral on...

While appreciating management’s “willingness” to assess new strategies more aggressively in order to win back old customers and attract new ones to the brand, BTIG’s Peter Saleh expressed concern regarding the pace of sales and economic recovery at Chipotle Mexican Grill,...