UBS upgraded Monster Worldwide Inc. (NYSE:MWW) today to buy from neutral while maintaining its neutral rating on the stock. The bank believes the 44% decline in Monster's share YTD provides an attractive risk/reward valuation, and says their checks suggest that 2011 recruitment budgets have not meaningfully changed as of yet and their second quarter looks to be on track. Monster Worldwide has a potential upside of 81.7% based on a current price of $13.31 and an average consensus analyst price target of $24.18.
World Wrestling Entertainment (NYSE:WWE) shares are trading 8.96% lower at $12.29 after the company forecast Q4 profit, ex-items, of $0.10 per share, vs. consensus estimates of $0.17 per share, according to a Bloomberg report.World Wrestling Entertainment has a potential upside of 31.5% based on...
