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iHeartMedia Stock Could Rise on Cost Cuts, Digital Revnue

- iHeartMedia is leveraged but should show strong free cash flow growth next 5 years

- Biggest radio broadcaster and podcaster cutting costs, growing digital revenue

- IHRT bulls look for 50%-100% stock rise if company executes on strategic plan

I like iHeartMedia (IHRT) but right from the top I’ll mention the equity has one potentially significant problem that might scare away risk averse investors: it’s levered, 5.4 times levered at yearend 2019.  That could be an issue for some, and I ...

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