Information Provided By: 
Fly News Breaks for February 19, 2020
IHRT
Feb 19, 2020 | 07:32 EDT
As previously reported, Guggenheim analyst Curry Baker initiated coverage of iHeartMedia with a Buy rating and $21.50 price target. The company's reach is multiples of its nearest broadcast radio peer, giving it a "unique leadership position," and Baker expects broadcast radio ad trends to remain largely stable, he tells investors. Given its robust free cash flow, he expects net leverage to go beneath the company's 4.0x times target by mid-2022, Baker added.
News For IHRT From the Last 2 Days
There are no results for your query IHRT
