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Monster Worldwide (MWW) NewsBite - MWW Upgraded By BMO Capital Markets

Oct 30, 2009 (Fresh Brewed Media via COMTEX) --

Company: Monster Worldwide Inc (MNST)

Monster Worldwide (MWW) was upgraded today by analysts at BMO Capital Markets and the stock is now at $15.00, down $0.98 (-6.13%) on volume of 1,541,186 shares traded. The brokerage upped MWW to Market Perform from Underperform. Over the last 52 weeks the stock has ranged from a low of $5.95 to a high of $19.28. Monster Worldwide stock has been showing support around $14.03 and resistance in the $17.57 range. Technical indicators for the stock are bullish and S&P gives MWW a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on MWW the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 12.50 range.

ABR-Seven Summits Strategic Investments NewsBite Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock

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News Provided by COMTEX

Company: Monster Worldwide Inc (MNST)


Related terms: market, S&P

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