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BellRing Brands ( NYSE:BRBR – Free Report ) had its price objective increased by Bank of America from $75.00 to $82.00 in a research report sent to investors on Wednesday, Benzinga reports. Bank of America currently has a buy rating on the stock. Several other brokerages also recently commented on BRBR. Truist Financial lifted their target price on shares of BellRing Brands from $50.00 to $60.00 and gave the stock a “hold” rating in a report on Wednesday, October 16th. DA Davidson reaffirmed a “neutral” rating and issued a $75.00 target price on shares of BellRing Brands in a research report on Tuesday. Evercore ISI increased their target price on BellRing Brands from $65.00 to $70.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Needham & Company LLC restated a “buy” rating and issued a $66.00 price target on shares of BellRing Brands in a research note on Tuesday, August 6th. Finally, JPMorgan Chase & Co. lowered their price objective on BellRing Brands from $65.00 to $64.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 7th. Three equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $74.27. Check Out Our Latest Research Report on BRBR BellRing Brands Stock Up 2.8 % BellRing Brands ( NYSE:BRBR – Get Free Report ) last posted its quarterly earnings results on Monday, November 18th. The company reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.01. BellRing Brands had a negative return on equity of 103.89% and a net margin of 12.35%. The business had revenue of $555.80 million for the quarter, compared to analysts’ expectations of $545.00 million. During the same quarter in the prior year, the business earned $0.41 EPS. The firm’s revenue for the quarter was up 17.6% on a year-over-year basis. As a group, research analysts anticipate that BellRing Brands will post 2.12 EPS for the current fiscal year. Institutional Trading of BellRing Brands Large investors have recently made changes to their positions in the company. Opal Wealth Advisors LLC acquired a new position in BellRing Brands during the second quarter worth about $28,000. V Square Quantitative Management LLC bought a new stake in shares of BellRing Brands during the 3rd quarter valued at approximately $31,000. Farther Finance Advisors LLC increased its position in BellRing Brands by 243.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 669 shares of the company’s stock worth $41,000 after purchasing an additional 474 shares in the last quarter. Truvestments Capital LLC bought a new position in BellRing Brands in the 3rd quarter valued at approximately $44,000. Finally, Quarry LP boosted its position in BellRing Brands by 65.3% in the second quarter. Quarry LP now owns 957 shares of the company’s stock valued at $55,000 after buying an additional 378 shares in the last quarter. Institutional investors and hedge funds own 94.97% of the company’s stock. About BellRing Brands ( Get Free Report ) BellRing Brands, Inc, together with its subsidiaries, provides various nutrition products in the United States. The company offers ready-to-drink (RTD) protein shakes, other RTD beverages, powders, nutrition bars, and other products primarily under the Premier Protein and Dymatize brands. It distributes its products through club, food, drug, mass, eCommerce, specialty, and convenience channels. Recommended Stories Receive News & Ratings for BellRing Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BellRing Brands and related companies with MarketBeat.com's FREE daily email newsletter .

Boston City Councilor Tania Fernandes Anderson has reportedly been arrested by the FBI on federal public corruption charges. Shortly after the arrest, U.S. Attorney Joshua Levy issued a statement about Anderson's alleged charges. “When her constituents elected Ms. Fernandes Anderson, she had a fundamental obligation to act with the utmost integrity,” Levy stated. “Public officials who line their pockets with taxpayer money erode the trust and confidence of the public and the officials who serve them.” Fernandes Anderson, 45, was reportedly arrested early Friday morning around 6:30 a.m. outside her home in Dorchester, CW affiliate WHDH-TV reported. According to an 11-page indictment , she is facing five counts of wire fraud and one count of theft concerning programs receiving federal funds. UnitedHealthcare CEO Brian Thompson murder: Cops have 200 pics of assassin and give 5-word update FBI investigates mystery drones flying over central New Jersey in recent weeks The indictment accuses the former councilwoman of a kickback scheme in cooperation with a relative she hired to work in her office and then paid a bonus too that was nearly twice as much as all the other bonuses in her office combined. She is further accused of receiving $7,000 of that bonus in a Boston City Hall bathroom. According to the document, Fernandes Anderson hired two members of her immediate family in 2022 after she took office. This move by the councilwoman goes against state laws allowing for the hiring of family members. After it was discovered in August 2022, she was forced to terminate the two staffers and pay a $5,000 fine. “From in or about early to mid-2023, Fernandes Anderson was allegedly facing personal financial difficulty, which included the outstanding $5,000 civil penalty payment to the Ethics Commission,” the U.S. Attorney’s office said in a statement. “It is further alleged that, in or about early May 2023, Fernandes Anderson told Staff Member A that she would give them extra pay in the form of a large bonus, but that Staff Member A would have to give a portion of the bonus back to Fernandes Anderson. Staff Member A agreed to the arrangement with Fernandes Anderson.” It was reported by the outlet that prior to her arrest, Fernandes Anderson said that her main focus was serving her constituents. “I’m not thinking about stepping down,” Fernandes Anderson told reporters who hounded her when she showed up to work on Wednesday. “I’m not thinking about any of that. I’m thinking about the work.” When she was hounded by reporters asking about what federal investigators are looking for, or if she did anything wrong, Fernandes Anderson remained tight-lipped. “I can not comment on the case itself,” she said. “I can not comment on it at all.” According to the outlet, Fernandes Anderson was elected to the position in 2021. She is the first African immigrant and Muslim-American elected to the council. After being arrested, Boston Mayor Michelle Wu called on Fernandes Anderson to resign. “Like any member of the community, Councilor Fernandes Anderson has the right to a fair legal process,” Wu said in a statement. “But the serious nature of these charges undermine the public trust and will prevent her from effectively serving the city. I urge Councilor Fernandes Anderson to resign.” DAILY NEWSLETTER: Sign up here to get the latest news and updates from the Mirror US straight to your inbox with our FREE newsletter.

LISBON, Portugal -- Just when Arsenal were starting to wobble, Martin Odegaard produced a match-defining moment of quality. Manager Mikel Arteta will hope that can apply to their season as a whole after a difficult run of results in which the absence of their captain was keenly felt. Managers bemoaning injuries is nothing new -- and it can often serve as a useful distraction from other issues -- but Odegaard's return from an ankle injury has coincided with a dramatic upturn in their performances, continuing with Tuesday's impressive 5-1 demolition of Sporting Lisbon in the UEFA Champions League . "He is an unbelievable player and the day he returned, there was a big smile on my face," said Bukayo Saka of Odegaard. "You can see the chemistry we have, how much I enjoy playing with him. So I am happy he is back and I hope he stays fit for the rest of the season." Editor's Picks Champions League as it happened: Bayern compound PSG misery 1h ESPN Premier League reranked: Man City trail, Man United mediocre, are Newcastle back? 4d Ryan O'Hanlon and Bill Connelly How clubs got their colors: a history of soccer's most iconic jerseys 6d Sporting went into this game unbeaten across 19 matches this season and fresh off beating Manchester City here at Estadio Jose Alvalade just three weeks ago, with Viktor Gyökeres 's hat-trick confirming his status as one of Europe's hottest properties. Manager Ruben Amorim has since departed for Manchester United and Gyokeres was a peripheral figure on Tuesday night, with Arsenal's opening 45 minutes ranking as their finest half of football of the season. It was a quintessential European away performance: clinical in attack, disciplined and dogged in defence. Their 3-0 half-time lead -- coming through goals from Gabriel Martinelli , Kai Havertz and Gabriel Magalhães -- was thoroughly deserved, the first two emanating from a right-wing combination Sporting simply could not cope with. Odegaard's tendency to drift to the right flank to link up with Saka is a familiar pattern of play, but one so many teams struggle to combat: Nottingham Forest found that out to their cost last weekend when being soundly beaten at Emirates Stadium. With Jurriën Timber showing promising signs of being a more-than-able deputy for regular right-back Ben White (he'll be out until the New Year following knee surgery), Arsenal's potency down that wing was such that 65% of their attacks came via that channel in the first half. Timber set up Martinelli for the opener, while Saka found Havertz for the second on 22 minutes. Gabriel's third was a header from a corner, extending their impressive set-piece record, but after Gonçalo Inacio put a dent in their defensive record with a near post finish two minutes into the second half, Sporting sensed an improbable comeback. Arsenal began to exhibit nerves. Passes were misplaced, the pressure began to build, goalkeeper David Raya was booked for timewasting. And then suddenly, Odegaard burst forward, cruising past Inacio and somehow, off balance but still purposeful, he worked his way into the box, where Ousmane Diomande could only foul him and concede a penalty. Saka drilled home the spot-kick before substitute Leandro Trossard added a late fifth, but Odegaard was the chief architect. He has more touches of the ball (82) than any other Arsenal player aside from Timber (84) and he didn't even play the final 12 minutes, rested with Saturday's tricky trip to West Ham in mind. There is skepticism about the overall quality of the Portuguese league, but Arsenal made the gulf in class look massive here, which is to their considerable credit. For a start, Tuesday marked the first time Arsenal have scored five goals away from home in the Champions League since October, 2008. After coming into this game facing legitimate questions about their durability on the road in Europe -- Arsenal hadn't scored an away goal in this competition since December, during a run of one win in eight matches -- this was an emphatic response. Asked if this was the best European away performance of his five-year tenure, Arteta was clear. "For sure, especially against the opponent that we played in their home," he said post-match. "I don't think they've lost here in 18 months. They've been in top form, they've been better than everyone they've played here. To play to that level, with the fluidity that we've done today ... I'm very pleased." Arteta raised eyebrows when he described their 1-0 defeat at Inter Milan as the best they had played in a big European game for years, but that faith was thoroughly vindicated here. "It's true that the result is very different," he said. "But with the performance and identity of what I saw against Inter I was very pleased. I knew that in that pathway good things were going to happen in Europe. Today we've been able to do that and replicate it and be more efficient in the opposition half. Very pleased because the team has played with so much courage. They are so good and watching them live I realise how good they are." Arteta also believes the return of several players from injury has increased the competitiveness in training, which in turn raises the level of performance. That said, Odegaard's return feels most transformative when he plays like this. The Premier League learned it last weekend and on Tuesday, the Champions League got the same message.

Electric vehicle industry at crossroads, not a dead end

NEW YORK (AP) — U.S. stocks climbed Thursday after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. The S&P 500 pulled 0.5% higher after flipping between gains and losses several times during the day. Banks, smaller companies and other areas of the stock market that tend to do best when the economy is strong helped lead the way, while bitcoin briefly broke above $99,000. Crude oil, meanwhile, continued to rise. The Dow Jones Industrial Average jumped 461 points, or 1.1%, and the Nasdaq composite edged up by less than 0.1%. Nvidia rose just 0.5% after beating analysts’ estimates for profit and revenue yet again, but it was still the strongest force pulling the S&P 500 upward. It also gave a forecast for revenue in the current quarter that topped most analysts’ expectations due to voracious demand for its chips used in artificial-intelligence technology. Its stock initially sank in afterhours trading Wednesday following the release of the results. Some investors said the market might have been looking for Nvidia’s revenue forecast to surpass expectations by even more. But its stock recovered in premarket trading Thursday, and Wedbush analyst Dan Ives said it was another “flawless” profit report provided by Nvidia and CEO Jensen Huang, whom Ives calls “the Godfather of AI.” The stock meandered through Thursday as well, dragging the S&P 500 and other indexes back and forth. How Nvidia’s stock performs has more impact than any other because it’s grown into Wall Street’s most valuable company at roughly $3.6 trillion. The frenzy around AI is sweeping up other stocks, and Snowflake jumped 32.7% after reporting stronger results for the latest quarter than analysts expected. The company, whose platform helps customers get a better view of all their silos of data and use AI, also reported stronger revenue growth than expected. BJ’S Wholesale Club rose 8.3% after likewise delivering a bigger profit than expected. That may help calm worries about how resilient U.S. shoppers can remain, given high prices across the economy and still-high interest rates. A day earlier, Target tumbled after reporting sluggish sales in the latest quarter and giving a dour forecast for the holiday shopping season. It followed Walmart , which gave a much more encouraging outlook. Nearly 90% of the stocks in the S&P 500 ended up rising Thursday, and the gains were even bigger among smaller companies. The Russell 2000 index of smaller stocks jumped a market-leading 1.7%. Google’s parent company, Alphabet, helped keep indexes in check. It fell 4.7% after U.S. regulators asked a judge to break up the tech giant by forcing it to sell its industry-leading Chrome web browser. In a 23-page document filed late Wednesday, the U.S. Department of Justice called for sweeping punishments that would include restrictions preventing Android from favoring its own search engine. Regulators stopped short of demanding Google sell Android but left the door open to it if the company’s oversight committee continues to see evidence of misconduct. All told, the S&P 500 rose 31.60 points to 5,948.71. The Dow jumped 461.88 to 43,870.35, and the Nasdaq composite added 6.28 to 18,972.42. In the crypto market, bitcoin eclipsed $99,000 for the first time before pulling back toward $98,000, according to CoinDesk. It’s more than doubled so far this year, and its climb has accelerated since Election Day. President-elect Donald Trump has pledged to make the country “the crypto capital of the planet” and create a “strategic reserve” of bitcoin. Bitcoin got a further boost after Gary Gensler, the chair of the Securities and Exchange Commission, said Thursday he would step down in January . Gensler has pushed for more protections for crypto investors. Bitcoin and related investment have a notorious history of big price swings in both directions. MicroStrategy, a company that’s been raising cash expressly to buy bitcoin, saw an early Thursday gain of 14.6% for its stock quickly disappear. It finished the day with a loss of 16.2%. In the oil market, a barrel of benchmark U.S. crude rose 2% to bring its gain for the week to 4.8%. Brent crude, the international standard, climbed 1.8%. Oil has been rising amid escalations in the Russia-Ukraine war. In stock markets abroad, shares of India’s Adani Enterprises plunged 22.6% Thursday after the U.S. charged founder Gautam Adani in a federal indictment with securities fraud and conspiracy to commit securities and wire fraud. The businessman and one of the world’s richest people is accused of concealing that his company’s huge solar energy project on the subcontinent was being facilitated by an alleged bribery scheme. Stock indexes elsewhere in Asia and Europe were mixed. In the bond market, the yield on the 10-year Treasury inched up to 4.43% from 4.41% late Wednesday following some mixed reports on the U.S. economy. One said fewer U.S. workers applied for unemployment benefits last week in the latest signal that the job market remains solid. Another report, though, said manufacturing in the mid-Atlantic region unexpectedly shrank. Sales of previously occupied homes, meanwhile, strengthened last month by more than expected. AP Business Writers Matt Ott and Yuri Kageyama contributed.