SunTrust cut shares of Monster Worldwide (NYSE: MWW) from a buy rating to a neutral rating in a research note issued to investors on Friday. The firm currently has $6.50 target price on the stock, down from their previous target price of $9.00.
Shares of Monster Worldwide traded up 3.20% during mid-day trading on Friday, hitting $5.49. Monster Worldwide has a 52 week low of $5.01 and a 52 week high of $10.40. The stock’s 50-day moving average is currently $5.74. The company’s market cap is $610.1 million.
A number of other analysts have also recently weighed in on MWW. Analysts at UBS AG cut their price target on shares of Monster Worldwide from $7.25 to $7.00 in a research note to investors on Friday, February 8th. They now have a neutral rating on the stock. Separately, analysts at BMO Capital Markets cut their price target on shares of Monster Worldwide from $8.00 to $7.00 in a research note to investors on Friday, February 8th. They now have an outperform rating on the stock. Finally, analysts at Zacks reiterated an outperform rating on shares of Monster Worldwide in a research note to investors on Thursday, November 29th. They now have a $6.50 price target on the stock.
Three investment analysts have rated the stock with a buy rating, one has issued an overweight rating, and six have given a hold rating to the stock. The stock presently has an average rating of overweight and an average price target of $7.29.
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