iHeartMedia downgraded by BofA Securities with a new price target
$IHRT
Broadcasting
Consumer Discretionary
BofA Securities downgraded iHeartMedia from Buy to Neutral and set a new price target of $10.00 from $30.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/12/2024 | $1.00 → $3.00 | Underperform → Neutral | BofA Securities |
| 3/28/2023 | $6.50 → $4.00 | Neutral → Underperform | BofA Securities |
| 3/1/2023 | Outperform → Mkt Perform | Barrington Research | |
| 3/1/2023 | $10.00 → $5.00 | Neutral → Underweight | JP Morgan |
| 8/10/2022 | $15.00 → $9.00 | Buy → Neutral | Goldman |
| 7/8/2022 | $23.00 → $9.00 | Overweight → Equal Weight | Wells Fargo |
| 6/24/2022 | $30.00 → $10.00 | Buy → Neutral | BofA Securities |
| 6/10/2022 | $25.00 → $11.00 | Equal-Weight → Underweight | Morgan Stanley |
4 - iHeartMedia, Inc. (0001400891) (Issuer)
4 - iHeartMedia, Inc. (0001400891) (Issuer)
4 - iHeartMedia, Inc. (0001400891) (Issuer)
8-K - iHeartMedia, Inc. (0001400891) (Filer)
10-K - iHeartMedia, Inc. (0001400891) (Filer)
8-K - iHeartMedia, Inc. (0001400891) (Filer)
The deal will expand iHeartMedia's podcast network with exclusive co-production, sales representation, marketing and distribution of 14 ERM shows as well as a roster of new podcasts iHeartMedia, the No. 1 podcast publisher globally according to Podtrac, today announced a partnership agreement with Exactly Right Media (ERM), the audio production company co-founded by "My Favorite Murder" creators Georgia Hardstark and Karen Kilgariff. The agreement makes iHeartMedia the exclusive sales, marketing and distribution partner for Exactly Right Media's full slate of premium podcasts including the flagship show and fan favorite "My Favorite Murder," as well as "Buried Bones," "Ghosted! by Roz Her
The partnership will continue to generate new shows for the NFL Podcast Network including "Lots to Say," co-hosted by iHeart's Bobby Bones and former NFL quarterback Matt Cassel, a new original podcast series giving sports talk shows a new spin iHeartMedia, the No. 1 podcast publisher globally, and the National Football League (NFL) today announced an extension to the exclusive partnership that first launched the NFL Podcast Network in 2021. As part of the deal, new original podcasts and NFL Club shows will debut each year, and existing favorites will continue to be available on the NFL Podcast Network. Additionally, iHeart will identify other existing podcasts to join the NFL Podcast Net
The four-season deal marks the first foray into investigative journalism for the "Law & Order" brand iHeartPodcasts, the No. 1 podcast publisher globally according to Podtrac, Universal Television (UTV) and Wolf Entertainment today announced that they have inked a deal to develop and co-produce "Law & Order: Criminal Justice System," an unscripted true-crime series that furthers the "Law & Order" brand's expansion into audio and marks the first foray into investigative journalism. The deal will encompass four 12-episode seasons. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240815440894/en/(Graphic: Business Wire) "Law & Orde
4 - iHeartMedia, Inc. (0001400891) (Issuer)
4 - iHeartMedia, Inc. (0001400891) (Issuer)
4 - iHeartMedia, Inc. (0001400891) (Issuer)
iHeartMedia, Inc. (NASDAQ:IHRT) today reported financial results for the quarter and year ended December 31, 2024. Financial Highlights:1 Completed Debt Exchange Transaction and Cost Efficiency Actions Completed previously announced exchange with a group of debt holders representing approximately 92% of the Company's outstanding term loan and notes (the "Debt Exchange Transaction"); exchanging approximately $4.8 billion of existing debt; extended maturities by three years; kept consolidated annual cash interest essentially flat; and provided debt reduction resulting in the lowest Net Debt in the history of the Company Completed modernization cost reduction program expected to gene
iHeartMedia, Inc. (NASDAQ:IHRT) announced today that on Thursday February 27th, 2025, it will issue financial results for the quarter and year ending December 31, 2024. The company will conduct a conference call at 4:30 p.m. (ET), following the release of its earnings announcement, to discuss its financial results and business outlook. A live audio webcast of the call will be available on the Investors homepage of iHeartMedia's website (https://investors.iheartmedia.com/) beginning at 4:30 p.m. (ET) on February 27th. The conference call can also be accessed by dialing (888) 596-4144 (domestic) or +1 646 968-2525 (international) using PIN number 8885116. Please call at least five minutes i
iHeartMedia, Inc. (NASDAQ:IHRT) today reported financial results for the quarter ended September 30, 2024. Financial Highlights:1 Announced Debt Exchange Transactions and Cost Efficiency Actions Entered into a transaction support agreement with a group of debt holders representing approximately 80% of the Company's outstanding term loan and notes to exchange $4.1 billion of existing debt; extend maturities by three years; keep consolidated annual cash interest essentially flat; and provide debt reduction Announced cost programs expected to generate $150 million of annual cost savings in 2025. In addition, programs enacted earlier this year will generate another $50 million in 2025, fo
LL COOL J to host this year's award show iHeartMedia and FOX Entertainment today announced that the 2025 iHeartRadio Music Awards will feature performances by Bad Bunny, Billie Eilish, GloRilla, Gracie Abrams, Kenny Chesney, Muni Long, Nelly and more. Additionally, Rock & Roll Hall of Fame inductee, Kennedy Center Honoree, NAACP Image Award winner and two-time Grammy® Award-winning Hip-Hop icon LL COOL J will return as host for the annual event airing LIVE from Dolby Theatre in Los Angeles, Monday, March 17 (8:00-10:00 p.m. ET live / PT tape-delayed) on FOX. The event also will broadcast live on iHeartRadio stations nationwide and on the iHeartRadio app. "Excited to be back on the iHeartR
The Powerful Brand Alliance Will Deliver Life-Saving Fire and Carbon Monoxide (CO) Education and Resources to Families Across the Country Through Donations and Regional Events Kidde, a trusted leader in fire safety for more than 100 years, has announced the expansion of its Cause For Alarm™ program through a collaboration with The Home Depot and iHeartMedia to promote home safety. The collaboration aims to close the fire and CO safety education gap and help keep communities safe through local events hosted at designated The Home Depot stores and promotional support from iHeartMedia across the country. The campaign also includes donations to local fire departments for distribution to those
iHeartMedia, Inc. (NASDAQ:IHRT) today reported financial results for the quarter and year ended December 31, 2024. Financial Highlights:1 Completed Debt Exchange Transaction and Cost Efficiency Actions Completed previously announced exchange with a group of debt holders representing approximately 92% of the Company's outstanding term loan and notes (the "Debt Exchange Transaction"); exchanging approximately $4.8 billion of existing debt; extended maturities by three years; kept consolidated annual cash interest essentially flat; and provided debt reduction resulting in the lowest Net Debt in the history of the Company Completed modernization cost reduction program expected to gene
BofA Securities upgraded iHeartMedia from Underperform to Neutral and set a new price target of $3.00 from $1.00 previously
BofA Securities downgraded iHeartMedia from Neutral to Underperform and set a new price target of $4.00 from $6.50 previously
Barrington Research downgraded iHeartMedia from Outperform to Mkt Perform
SC 13G/A - iHeartMedia, Inc. (0001400891) (Subject)
SC 13G/A - iHeartMedia, Inc. (0001400891) (Subject)
SC 13G/A - iHeartMedia, Inc. (0001400891) (Subject)