iHeartMedia, Inc. (NASDAQ:IHRT) Given Average Recommendation of "Reduce" by Analysts
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iHeartMedia, Inc. (NASDAQ:IHRT) has received a consensus rating of "Reduce" from five analysts. Two analysts rated it as a sell, two as hold, and one as buy. The average 1-year price target is $4.33. Goldman Sachs downgraded the stock from "neutral" to "sell" with a price target of $3.50. iHeartMedia's shares opened at $3.84, with a 1-year low of $0.95 and a high of $5.44. The company reported earnings of $0.63 per share, exceeding estimates, but had a negative net margin of 10.37%.
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