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Fly News Breaks for August 14, 2019
IHRT
Aug 14, 2019 | 06:13 EDT
BofA/Merrill analyst Jessica Reif Ehrlich started iHeartMedia with a Buy rating and $22 price target. The analyst believes the shares deserve a premium relative to radio peers given iHeartMedia's scale, business model and potential for fundamental outperformance.
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