radio

Truist Securities analyst William Stein initiated coverage on MACOM Technology Solutions Holdings (NASDAQ:MTSI) with a Buy rating and a price target of $125 on Friday. MACOM Technology is one of the largest suppliers of radio frequency (RF) and similar components. Stein noted that this mature,...

Spotify Technology SA (NYSE: SPOT) shares climbed in early trading on Wednesday, after the company reported better-than-expected fourth-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Morgan Stanley On Spotify Technology...

In a recent development, radio and podcast titan Audacy Inc (OTC:AUDA) has applied for Chapter 11 bankruptcy protection. This move comes in the wake of a notable slump in the company’s advertising revenues. What Happened: The Philadelphia-based broadcasting firm unveiled an extensive...

IHeartMedia Inc’s (NASDAQ: IHRT) results for the first quarter of 2021 are likely to reflect a significant sequential improvement in advertising trends, healthy savings on modernization and restructuring initiatives and strong digital growth, according to BofA Securities. The iHeartMedia...

Apple Inc (NASDAQ: AAPL) announced Tuesday it was rebranding its Beats 1 radio station and launching two new stations. What Happened The Tim Cook-led tech giant said in a statement it's renaming its Beats 1 station, launched in 2015, to Apple Music 1,. The station focuses on artist-led...

iHeartMedia Inc (NASDAQ: IHRT) is expected to continue winning market share in the terrestrial radio space, according to Morgan Stanley. The Analyst Morgan Stanley analyst Benjamin Swinburne initiated coverage of iHeartMedia with an Equal-Weight rating and a $15 price target. The Thesis iHeartMedia...

The bullish case for iHeartMedia Inc (NASDAQ: IHRT) can be justified given its massive scale in the radio market that's twice the size of its closest competitor, according to Bank of America. The Analyst Bank of America analyst Jessica Reif Ehrlich initiated coverage of iHeartMedia with a Buy...

Radio broadcaster iHeartMedia, Inc. (NASDAQ: IHRT) returned to the public market Thursday just months after emerging from bankruptcy. What Happened IHeartMedia, the largest radio broadcaster, emerged from bankruptcy in January when a judge approved a restructuring plan that eliminated more than $10...

In a move that may be confusing to some investors, shares of Pandora Media Inc (NYSE: P) closed Monday down by more than 1 percent at $8.98 despite a firm acquisition offer from Sirius XM Holdings Inc (NASDAQ: SIRI) at an implied price of $10.14 per share. There may be some logic behind the...

Shares of Sirius XM Holdings Inc (NASDAQ: SIRI) have gained more than 80 percent over the past two years, and the strong growth story has fully played out, according to Barclays. The Analyst Barclays' Kannan Venkateshwar downgraded Sirius XM from Equal Weight to Underweight with an...

The largest American radio broadcaster, iHeart Media, said Wednesday it has reached an agreement in principle with its debt holders and financial sponsors that would allow it to continue operating its business, The Wall Street Journal reported. What Happened The agreement allows iHeartRadio...

Motorola Solutions Inc (NYSE: MSI) is trading up after being upgraded by Deutsche Bank and named as the firm's large-cap value idea.  The Analyst Deutsche Bank analyst Vijay Bhagavath upgraded shares of Motorola Solutions from Hold to Buy and increased the price target from $86 to $110...

This may come as a surprise, but AM/FM radio still reigns supreme for new music. Consumers have access to countless streaming music providers, some of which are offered free, but data compiled by Statista show for many Americans, the "dusty old radio in the corner of the kitchen beats their shiny...

On Wednesday, two of the biggest remaining names in traditional radio announced they will be joining forces to try to compete in the digital age. CBS Corporation (NYSE: CBS) will be spinning off CBS Radio, which will then merge with Entercom Communications Corp (NYSE: ETM). The combined company...

While consumers still love radio, analysts and investors consider it a highly fragmented industry with low growth. However, Bob Pittman, iHeartMedia Inc (OTC: IHRT) CEO, begs to differ. Pittman was on CNBC Wednesday to discuss why he thinks the radio industry overall is undervalued. Better...