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Equities research analysts at FBR Capital Markets dropped their target price on shares of Monster Worldwide (NYSE:MWW) from $6.00 to $5.50 in a research note issued to investors on Wednesday. FBR Capital Markets’ target price would indicate a potential downside of 1.61% from the stock’s previous close.

Shares of Monster Worldwide (NYSE:MWW) traded down 1.16% during mid-day trading on Wednesday, hitting $5.525. The stock had a trading volume of 1,065,867 shares. Monster Worldwide has a 1-year low of $4.03 and a 1-year high of $8.50. The stock has a 50-day moving average of $6.5 and a 200-day moving average of $6.69. The company’s market cap is $502.9 million.

Monster Worldwide (NYSE:MWW) last announced its earnings results on Tuesday, August 5th. The company reported $0.08 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.09 by $0.01. The company had revenue of $194.40 million for the quarter, compared to the consensus estimate of $198.81 million. During the same quarter in the prior year, the company posted $0.09 earnings per share. The company’s quarterly revenue was down 2.8% on a year-over-year basis. On average, analysts predict that Monster Worldwide will post $0.33 earnings per share for the current fiscal year.

Other equities research analysts have also recently issued reports about the stock. Analysts at Robert W. Baird downgraded shares of Monster Worldwide from an “outperform” rating to a “neutral” rating in a research note on Wednesday. They now have a $6.00 price target on the stock, down previously from $7.00. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Monster Worldwide in a research note on Thursday, July 10th. They now have a $7.00 price target on the stock. Finally, analysts at BMO Capital Markets raised their price target on shares of Monster Worldwide from $7.00 to $8.00 in a research note on Thursday, May 15th. They now have an “outperform” rating on the stock. One analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $7.00.

Monster Worldwide, Inc (NYSE:MWW) is parent company of Monster, the global online employment solution.

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