Goldman Sachs Remains a Hold on iHeartMedia (IHRT)
Elevate Your Investing Strategy:
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Laszczyk covers the Communication Services sector, focusing on stocks such as iHeartMedia, IMAX, and Live Nation Entertainment. According to TipRanks, Laszczyk has an average return of 1.8% and a 58.97% success rate on recommended stocks.
In addition to Goldman Sachs, iHeartMedia also received a Hold from TR | OpenAI – 4o's Jonah Airwyn in a report issued today. However, on August 1, J.P. Morgan reiterated a Sell rating on iHeartMedia (NASDAQ: IHRT).
Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of IHRT in relation to earlier this year. Most recently, in May 2025, KAMAKSHI SIVARAMAKRISHNAN, a Director at IHRT bought 1,017.00 shares for a total of $1,537.23.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
24 minutes ago
- Yahoo
Engineering service firm Legence files for US IPO
(Reuters) -Engineering and maintenance service provider Legence said on Friday it had filed for an initial public offering in the United States. The U.S. IPO market has seen a resurgence in activity with a flurry of companies coming forward to list their shares to tap growing investor confidence, after a slowdown in April due to trade policy changes. Shares of cryptocurrency exchange Bullish more than doubled in their New York debut earlier in the week. Goldman Sachs and Jefferies are the lead book-running managers for the offering. The company will list its shares on Nasdaq under the ticker symbol "LGN". Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24 minutes ago
- Yahoo
What economists are saying about inflation now
The hotter-than-expected July PPI print has some worried about how tariffs will impact inflation and what it ultimately means for the Federal Reserve and interest rates. Yahoo Finance Senior Reporter Allie Canal shares what some economists are saying about inflation now. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts. Consumer sentiment fell for the first time since April last month as inflation expectations climbed. Anxiety around the impact of tariffs is weighing on the minds of consumers, but is inflation being driven by more than just tariffs? Yahoo Finance's Allie Canal live at the Nasdaq with more. Hi Allie. Hi Julie. And that's a question that's hard to say. Heading into this week, the focus was on core goods and the potential tariff impact on everything from apparel to furniture. But instead of a sharp jump in goods, we saw services inflation firm. That showed up in both the CPI and PPI reports earlier this week. The producer price index, uh, that surged to a three-year high signaling that businesses are absorbing much of the tariff burden. So the concern now is those higher costs could soon be passed on to consumers making the services side of the economy more expensive, just as the full tariff impact on goods is still set to play out. Now, markets may be mostly shrugging this off, still trading at those record highs, but economists are warning that the tariff effects haven't fully landed. Raymond James chief economist, Eugenio Aleman, he said in a note this week, quote, the full impact of tariffs is expected to materialize in next month's data, potentially pushing good prices higher. This complicates the Fed's September decision. And complicate is the key word here, Julie, especially after this morning's stable retail sales report. So this is really the chatter on Wall Street right now. And here's a bit more of what economists told us this week. more concerned about its impact on future CPI prints. I think it's telling you that the price effects are starting to work its way throughout the supply chain. Yeah, maybe maybe the July CPI print wasn't that strong, but come August, September, we might start to see firmer prints, and that puts the Fed in a tough spot. The good news here, as you say, is the tariff impulse into inflation wasn't as high as anticipated this month. The bad news, as you pointed out, is is that, um, services inflation was pretty soft in in prior months, and it did give the impression to many that, hey, maybe we could ignore tariff inflation because services weakness will offset it. But now I think a lot of that's reversed. These are broad-based inflationary pressures that we're seeing just now. I I I see more reason for rates to be rising in order to not let inflation, uh, get away from us. Inflation is the risk that's on our doorstep, much more so than the labor market. Uh, the Fed officials know that. And we do know that markets are still pricing in with near 100% certainty that the Fed cuts interest rates in September. Of course, Jackson Hole next week is going to give us a lot of clues into the thinking of the Fed with Federal Reserve chair, Jerome Powell, set to speak. But even with that September rate cut priced in by markets, you know, investors still think we are going to see an additional one to two rate cuts for from there to really end 2025 with about three cuts in total, and then more rate cuts are expected in 2026. So we're seeing that play out a bit in in the bond market. Long-term yields, like the 30-year yield, for example, is ticking higher today. But all of this, a big question mark is we continue to wade through this data with more prints and reports expected in the weeks and months ahead, Julie.
Yahoo
24 minutes ago
- Yahoo
5 Popular Stocks Still Worth Buying
When it comes to the stock market, the fastest growth usually comes from small companies, as they have room to run. It's a lot easier for a company worth $5 million to double in value than it is for one worth $1 trillion, for example. Check Out: Read Next: But just because a company is worth a certain dollar amount doesn't mean it's necessarily a good or a bad investment. Many well-known companies, for example, are up a lot in 2025 but are still highly recommended by analysts. Other popular companies have lagged the performance of the overall market in 2025 but still represent good buying opportunities. Here's a look at some big-time companies on both ends of the spectrum that might still be worth buying. Apple (AAPL) Price as of August 7, 2025: $220.03 YTD performance: -11.92% 12-month analyst price target: $233.11 Apple has been a market darling for years, but for the first half of 2025, the bloom came off the rose a bit. A combination of factors have created uncertainty for the company, which never translates to good results for a stock. Concerns over China, tariffs, sluggish artificial intelligence (AI) development and an overall unimpressive new product roster have weighed on the company. However, on July 31, Apple posted its biggest revenue growth since December 2021, putting the company back in the sights of analysts and investors alike, according to CNBC. For You: Amazon (AMZN) Price as of August 7, 2025: $223.13 YTD performance: 1.70% 12-month analyst price target: $261.03 The press has focused more on Amazon founder Jeff Bezos's extravagant Italian wedding than his company in 2025, but that may actually be creating an opportunity in the stock. As the largest online retailer in the world, Amazon benefits across multiple verticals as long as the economy remains strong. While, according to Forbes, concern over a potential recession and the effect of tariffs has held the stock back this year, discretionary spending has proven surprisingly resilient. Although the company might go through cycles, it's a long-term winner. Meta Platforms (META) Price as of August 7, 2025: $761.83 YTD performance: 30.33% 12-month analyst price target: $858.63 Meta Platforms has been on an absolute tear since Nov. 2022. After losing an incredible 64% that year, according to StatMuse, the stock has absolutely soared, gaining 188% in 2023, 67% in 2024 and over 27% YTD thus far in 2025. While those types of gains may scare off some investors, they're an indication of immense momentum and investors can't get enough. The company has been firing on all cylinders, tightening up cost controls, generating new and growing sources of revenue and focusing on AI, the buzzword of the 2020s. Analysts see continued success ahead for the company. Nvidia (NVDA) Price as of August 7, 2025: $180.77 YTD performance: 34.63% 12-month analyst price target: $183.38 Nvidia has been on a multi-decade run, making it one of the best performers in the whole stock market over the past 3-, 5-, 10- and 15-year periods. But analysts think there's no reason to get out now. In fact, some see the AI boom as throwing fuel on Nvidia's engines for years and years to come. The stock is notoriously volatile and got knocked down violently to the mid-90s in the April market selloff, losing more than one-third of its value. But since then, the stock has essentially doubled, showing the appetite investors have for this tech darling. *Victoria's Secret & Co. (VSCO) Price as of August 7, 2025: $21.63 YTD performance: -47.59% 12-month analyst price target: $21.60 Victoria's Secret gets an asterisk because while it is certainly a well-known company that hasn't performed well in 2025, it's also a much riskier option. Retail in general can be a tricky investment and specialty retail often goes through boom and bust cycles, the worst of which can send a company into bankruptcy. Analysts are decidedly tepid on the company's prospects for the next 12 months, but if you're a more aggressive investor, this is definitely a high-risk, high-reward type of stock. Caveats You should never buy any stock that doesn't match your investment objectives and risk tolerance. You should also never buy at stock based on a tip from a friend or a random article on the internet. Do your own research to find out what's really going on with a company's financials and future prospects and make your own decisions, perhaps in consultation with a financial advisor. Remember, even though the stocks on this list are by-and-large long-term winners, many now trade at lofty valuations and have appreciated sharply since the market's April lows. Invest for the long-term so you can recover from any short-term selloffs. Editor's note: Stock information was sourced from Yahoo! Finance and is current as of August 7, 2025. More From GOBankingRates 5 Ways Trump Signing the GENIUS Act Could Impact Retirees8 Common Mistakes Retirees Make With Their Social Security Checks This article originally appeared on 5 Popular Stocks Still Worth Buying
