J.P. Morgan: Monster well-positioned for economy’s recovery

12 Oct 2009

Monster Worldwide's stock bumped a dollar per share on Friday on J.P. Morgan's note that the recruitment-ad portal was well-positioned for the economic recovery.

Closing at over $18 per share, J.P. Morgan upgraded MWW's rating from "overweight" to "neutral" and set a 2010 price target of $24 per share. "While we still expect soft results for the next few quarters, we are becoming inc

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Peter M. Zollman

Peter M. Zollman brings more than 35 years of media experience to his role as founding principal of the AIM Group / Classified Intelligence Report. He has worked with a wide range of media companies, dot-coms, technology providers and start-ups to develop and expand successful interactive-media services. He is based in Altamonte Springs, Fla., near Orlando.