The Latest Analyst Ratings for iHeartMedia
Portfolio Pulse from Benzinga Insights
iHeartMedia (NASDAQ:IHRT) has received mixed analyst ratings in the last quarter with 1 bullish, 1 indifferent, and 2 somewhat bearish ratings. The average 12-month price target among 4 analysts is $3.73, which is a 36.56% decrease from the previous target of $5.88. The high target is $7.00 and the low target is $2.00.
November 15, 2023 | 4:00 pm
News sentiment analysis
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NEGATIVE IMPACT
iHeartMedia's stock may face pressure due to a downward revision in the average analyst price target, indicating a bearish sentiment among analysts.
The reduction in the average price target suggests that analysts have become more bearish on the stock. This could lead to a negative short-term impact on IHRT's stock price as market participants adjust their expectations.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100