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IHRT - iHeartMedia, Inc.

Analyst Downgrade Signal for 06-24-2022
Analyst Downgrade Signal: IHRT from Buy to Neutral by BofA Securities
Price Target: $30>>10



Stock Signal Information


Signal

Analyst Downgrade Stock
Report Date: 06-24-2022
Symbol: IHRT - iHeartMedia, Inc.
Sector: Communication Services
Industry: Broadcasting
Analyst Downgrade Signal: IHRT from Buy to Neutral by BofA Securities
Price Target: $30>>10

  IHRT Technical Chart

Company Contact

iHeartMedia, Inc. (IHRT)
20880 Stone Oak Pkwy
San Antonio, TEXAS 78258
Phone: 12108222828
Website: http://www.iheartmedia.com
CEO: Mr. Robert Pittman


Company Profile

iHeartMedia, Inc. operates as a media and entertainment company worldwide. It operates through two segments, Audio, and Audio and Media Services. The Audio segment offers broadcast radio, digital, mobile, podcasts, social, program syndication, traffic, weather, news and sports data distribution, and on-demand entertainment, as well as live events, including mobile platforms and products; and operates Premiere Networks, a national radio network that produces, distributes, or represents approximately 120 syndicated radio programs and services to approximately 6,200 radio station affiliates. It also delivers real-time traffic and incident information, and weather updates, sports, and news through approximately 2,100 radio stations and 117 television affiliates, and Internet and mobile partnerships. As of December 31, 2019, this segment owned 856 radio stations, which included 243 AM and 613 FM radio stations. The Audio and Media Services segment engages in the media representation business. This segment also provides broadcast and webcast software, such as radio station automation, music scheduling, HD2 solutions, newsroom software, audio logging and archiving, single station automation, and contest tracking software; and real-time audio recognition technology to approximately 8,800 radio stations, television music channels, cable companies, satellite music networks and Internet stations. The company was formerly known as CC Media Holdings, Inc. and changed its name to iHeartMedia, Inc. in September 2014. iHeartMedia, Inc. was incorporated in 1974 and is headquartered in San Antonio, Texas.