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Color on Earlier Upgrade of Monster Worldwide (MWW); JPM Sees Strong Growth

October 8, 2009 12:50 PM EDT
MWW Hot Sheet
Rating Summary:
    6 Buy, 4 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 8 | New: 25
Update on earlier report on Monster Worldwide, Inc. (NYSE: MWW);

An analyst at JP Morgan lifted their rating to Overweight from Neutral Thursday and set a price target of $24 on its shares.

The firm sees 2010 as a growth year for monster but still soft for the next few quarters. They are confident in Monster's efforts to improve their product offering and competitive positioning within the job search market.

At mid-day, shares of Monster Worldwide are up 7.60% to $18.38.

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