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

|About: Monster Worldwide, Inc. (MWW)|By:, SA News Editor

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."