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iHeartMedia price target lowered to $5 from $6 at BofA

BofA lowered the firm's price target on iHeartMedia to $5 from $6 and keeps a Neutral rating on the shares. The firm expects iHeartMedia's Q2 results will be largely in line with the company's guidance, the analyst tells investors in a research note.

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BofA lowered the firm's price target on iHeartMedia to $5 from $6 and keeps a Neutral rating on the shares.

The firm expects iHeartMedia's Q2 results will be largely in line with the company's guidance, the analyst tells investors in a research note.