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Analysts Conflicted on These Communication Services Names: Alphabet Class C (GOOG) and iHeartMedia (IHRT)

Tipranks - Tipranks - Fri Oct 2, 10:20AM CDT

Analysts have been eager to weigh in on the Communication Services sector with new ratings on Alphabet Class C (GOOG) and iHeartMedia (IHRT).

Alphabet Class C (GOOG)

In a report released today, Justin Post from Bank of America Securities maintained a Buy rating on Alphabet Class C. The company’s shares closed last Thursday at $337.00.

According to TipRanks.com, Post is a 5-star analyst with an average return of 21.1% and a 63.4% success rate. Post covers the NA sector, focusing on stocks such as Booking Holdings, Maplebear, and DoorDash. ;'>

Currently, the analyst consensus on Alphabet Class C is a Strong Buy with an average price target of $430.78.

See the top stocks recommended by analysts >>

iHeartMedia (IHRT)

In a report released today, Sebastiano Petti from J.P. Morgan maintained a Sell rating on iHeartMedia. The company’s shares closed last Thursday at $2.08.

According to TipRanks.com, Petti is a 4-star analyst with an average return of 7.2% and a 51.3% success rate. Petti covers the NA sector, focusing on stocks such as Optimum Communications Inc Class A, Array Digital Infrastructure, and Telephone & Data Systems. ;'>

iHeartMedia has an analyst consensus of Moderate Sell, with a price target consensus of $2.25, which is a 7.1% upside from current levels. In a report issued on September 17, TipRanks – Anthropic also reiterated a Sell rating on the stock with a $2.50 price target.

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