MY 102.5's program director, in that AllAccess interview last year, clearly said they were targeting hip females in their 30s (in that article attacking the "stale"/"old" MY [we won't mention the ratings back in the stale days]). Much of that bracket probably perceived/perceives the old MY to be old, stale, and remember their mothers listening to it (at least on the young end). It takes a lot to change an opinion, more than a new logo and some updated music.
I guess my point is....Clear Channel took a station that was always popular with females in their 40s and 50s, got a new positioner, logo, and fresher music, and tried to make it a generation younger. Keeping the old name isn't a great way to make that point, especially to a passive listener that doesn't pay much attention. They could just think "oh, that's My 102.5, I think that's what my mom listens to" and skip past it. A fair share of AC stations have struggled with branding issues in recent years as they have grown to be perceived too old.
When I think of MY 102.5, I still associate it with Elton John, Rod Stewart, Billy Joel, Michael Bolton, etc. I'm in my 20s and remember my mom listening to the station back in its heyday. Certainly not what they play now. With the erratic programming, they've really made a mess of the name now. I was a bit startled to hear Florida-Georgia Line's "Cruise" (the Nelly version) and Pitbull's "Give Me Everything" today.
The bottom line, really, is would a name change have helped them that greatly? I don't think it could have made up for any of the programming missteps they've made, and the fact that any Hot AC format is an uphill battle in this region. Maybe if the transition to Hot AC had been executed properly, it wouldn't have mattered. The whole "transition" was just such a botched mess. Hanging on to those slow 80s ballads while trying to be hip and modern for so long was catastrophic.