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Monster Worldwide (MWW -3.5%) shares are downgraded to Sell from Neutral with its price target...

Monster Worldwide (MWW -3.5%) shares are downgraded to Sell from Neutral with its price target cut to $6 from $8 at Citigroup: “As an online recruitment play, MWW faces obvious cyclical risk,” but noting MWW's first Y/Y bookings decline in more than a year, "recent reports by CareerBuilder and LinkedIn suggest to us that MWW’s challenges are likely as much competitive as macro."
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