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Nuance Communications, Inc. (NUAN) [hlAlert]

Rating:
Equal-Weight
NUAN
down 24.51 %

Nuance Communications, Inc. (NUAN) downgraded to Equal-Weight by Morgan Stanley

Posted on: Wednesday,  May 1, 2013  8:25 AM ET by Morgan Stanley

Morgan Stanley rated Equal-Weight Nuance Communications, Inc. (NASDAQ: NUAN) on 05/01/2013. Previously Morgan Stanley rated Overweight Nuance Communications, Inc. (NASDAQ: NUAN) on
09/13/2012., when the stock price was $25.21. Since then, Nuance Communications, Inc. has lost 24.51% as of 05/01/2013's recent price of $19.03.
If you would have followed the previous Morgan Stanley's recommendation on NUAN, you would have lost 24.51% of your investment in 230 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.

Morgan Stanley Investment Research is one of the financial industry's dominant thought leaders in equity and fixed-income investing. Our analysts, economists, and strategists have earned this reputation through timely, in-depth analysis of companies, industries, markets, and the world’s economies. Our teams collaborate to assist Morgan Stanley clients with investment decisions, using cash and derivative instruments across major asset classes and geographies.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/1/2013 8:25 AM Hold
None
19.03
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD down  -14.74 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/13/2012 8:25 AM Buy
None
25.21

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