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Analysts Offer Insights on Communication Services Companies: iHeartMedia (IHRT) and Alphabet Class C (GOOG)

Tipranks - Tipranks - Fri Apr 17, 5:58AM CDT

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

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iHeartMedia (IHRT)

Bank of America Securities analyst Jessica Reif Ehrlich maintained a Hold rating on iHeartMedia today and set a price target of $4.00. The company’s shares closed last Wednesday at $3.93.

According to TipRanks.com, Ehrlich is a 5-star analyst with an average return of 10.3% and a 49.9% success rate. Ehrlich covers the NA sector, focusing on stocks such as Optimum Communications Inc Class A, Charter Communications, and Sirius XM Holdings. ;'>

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for iHeartMedia with a $3.13 average price target, which is a -19.3% downside from current levels. In a report issued on April 10, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $3.50 price target.

See today’s best-performing stocks on TipRanks >>

Alphabet Class C (GOOG)

TD Cowen analyst John Blackledge reiterated a Buy rating on Alphabet Class C today and set a price target of $375.00. The company’s shares closed last Wednesday at $334.47.

According to TipRanks.com, Blackledge is a 5-star analyst with an average return of 10.6% and a 55.1% success rate. Blackledge covers the Technology sector, focusing on stocks such as Uber Technologies, Grindr, and Lyft. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Alphabet Class C with a $386.90 average price target, implying a 17.0% upside from current levels. In a report issued on April 9, Bank of America Securities also maintained a Buy rating on the stock.

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