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Nuance Communications, Inc. (NUAN) [hlAlert]

Rating:
Hold NUAN
down 24.52 %

Nuance Communications, Inc. (NUAN) downgraded to Hold by Stifel Nicolaus

Posted on: Friday,  Feb 8, 2013  9:25 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Hold Nuance Communications, Inc. (NASDAQ: NUAN) on 02/08/2013. Previously Stifel Nicolaus rated Buy Nuance Communications, Inc. (NASDAQ: NUAN) on
02/10/2012., when the stock price was $26.50. Since then, Nuance Communications, Inc. has lost 24.53% as of 02/08/2013's recent price of $20.00.
If you would have followed the previous Stifel Nicolaus's recommendation on NUAN, you would have lost 24.52% of your investment in 364 days.

Nuance Communications, Inc. (Nuance) is a provider of speech, imaging and keypad solutions for businesses, organizations and consumers worldwide. The Company?s solutions are used for tasks and services, such as requesting information from a phone-based, self-service solution, dictating medical records, searching the mobile Web by voice, entering a destination into a navigation system, or working with portable document format (PDF) documents. It markets and distributes its products through a global network of resellers, including system integrators, independent software vendors, value-added resellers, hardware vendors, telecommunications carriers and distributors, and also sells directly through sales force and through its Website. In October 2008, the Company acquired SNAPin, Inc., a developer of self-service software for mobile devices. In June 2009, it acquired X-Solutions Group B.V. In September 2009, the Company acquired eCopy, Inc.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/8/2013 9:25 AM Hold
None
20.00
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD down  -10.39 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/10/2012 8:25 AM Buy
None
26.50 32.00
11/23/2011 8:25 AM Buy
None
23.30 27.00

(*) Stock Price at the time of the recommendation.
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