Peter Saleh

BTIG believes McDonald's Corporation (NYSE: MCD) can continue to recapture market share through “menu enhancement, improved restaurant operations and expanded digital capabilities.” The comments came after McDonald's reported better-than-expected third-quarter results, driven by...

BTIG’s Peter Saleh maintains his Buy rating and raised the target price on Domino's Pizza, Inc. (NYSE: DPZ) shares by $31 to $195 after the company’s digital strategy helped it to gain consistent market share in the third quarter, despite a slowdown in the fast-food sector. Domino...

Yum! Brands, Inc. (NYSE: YUM) reported its Q3:16 results modestly below expectations, and BTIG’s Peter Saleh believes investors are likely to focus on “China comps and the lack of expected improvement.” Saleh maintains a Neutral rating on the company. China Concerns “While...

Peter Saleh of BTIG reiterated his Buy rating on Papa John's Int'l, Inc. (NASDAQ: PZZA) after the pizza restaurant operator's second-quarter earnings handily beat the Street view, leading the company to raise its full-year EPS estimate range by $0.05. Papa John's second-quarter EPS of $0.61 was...

Texas Roadhouse Inc (NASDAQ: TXRH) reported its 2Q16 results, with the EPS ahead of the consensus and the estimate. BTIG’s Peter Saleh maintains a Neutral rating on the company. “We remain impressed with Texas Roadhouse’s consistent sales outperformance given what have been weaker...

BTIG’s Peter Saleh believes the investment Panera Bread Co (NASDAQ: PNRA) is making in technology enhancements “is leading to an acceleration in traffic and same-store sales as evidenced by the increasing gap between company-owned and franchise comps.” Saleh reiterated a Buy...

While Chipotle Mexican Grill, Inc. (NYSE: CMG) comps remain challenged, there are early signs of Chiptopia driving traffic, BTIG’s Peter Saleh said in a report. He maintained a Neutral rating on Chipotle, saying that the company would “eventually fully recover from its food safety...

Channel checks indicate a sequential improvement in traffic at Chipotle Mexican Grill, Inc. (NYSE: CMG) in June, BTIG’s Peter Saleh said in a report. He maintained a Neutral rating on the company, adding that July appears to be consistent with June. Although Chipotle’s new...

Although Yum! Brands, Inc. (NYSE: YUM) reported weaker-than-expected 2Q16 results, especially on the top line, BTIG’s Peter Saleh believes there were sufficient positive elements to support the stock. Saleh maintains a Neutral rating on the company. “We expect investors will be...

Jack in the Box Inc. (NASDAQ: JACK) reported its 2QF16 results significantly ahead of expectations. BTIG’s Peter Saleh maintains a Buy rating on the company, while raising the price target from $79 to $85. Positive Trends Saleh explained that the 2Q beat was “aided by a few less common...

Domino's Pizza, Inc. (NYSE: DPZ) reported its 1Q16 results with the EPS below expectations. BTIG’s Peter Saleh maintained a Buy rating on the company, while lowering the price target from $146 to $141. Labor Inflation Although Domino’s Pizza continued to witness robust sales...

BTIG has downgraded Chipotle Mexican Grill, Inc. (NYSE: CMG) to Neutral from Buy on slower sales recovery, bumping the shares' fall down 4.92 percent in the pre-market hours. The burrito chain reported a first-quarter loss of $0.88 a share, better than BTIG's estimate of a loss of $1.12 a share and...