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Analysts’ Top Communication Services Picks: Telefonica Brasil (VIV), iHeartMedia (IHRT)

Tipranks - Tipranks - Wed May 13, 8:44AM CDT

Analysts fell to the sidelines weighing in on Telefonica Brasil (VIV) and iHeartMedia (IHRT) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Telefonica Brasil (VIV)

In a report released today, Andres Coello from Scotiabank maintained a Hold rating on Telefonica Brasil, with a price target of $15.70. The company’s shares closed last Tuesday at $14.82.

According to TipRanks.com, Coello is a 5-star analyst with an average return of 54.9% and a 84.0% success rate. Coello covers the NA sector, focusing on stocks such as Millicom International Cellular SA, Liberty LiLAC Group, and Telecom Argentina. ;'>

Telefonica Brasil has an analyst consensus of Moderate Sell, with a price target consensus of $15.40.

See the top stocks recommended by analysts >>

iHeartMedia (IHRT)

In a report released today, Patrick Sholl from Barrington reiterated a Hold rating on iHeartMedia. The company’s shares closed last Tuesday at $5.04.

According to TipRanks.com, Sholl is a 4-star analyst with an average return of 9.7% and a 48.2% success rate. Sholl covers the NA sector, focusing on stocks such as Clear Channel Outdoor, Nexstar Media Group, and National Cinemedia. ;'>

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for iHeartMedia with a $3.13 average price target, representing a -43.0% downside. In a report issued on May 1, TipRanks – Anthropic also upgraded the stock to Hold with a $5.50 price target.

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