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Nuance Communications, Inc. (NUAN) [hlAlert]

Neutral NUAN
down 29.64 %

Nuance Communications, Inc. (NUAN) downgraded to Neutral with price target $14 by UBS

Posted on: Wednesday,  Nov 27, 2013  1:25 PM ET by UBS

UBS rated Neutral Nuance Communications, Inc. (NASDAQ: NUAN) on 11/27/2013. Previously UBS rated Buy Nuance Communications, Inc. (NASDAQ: NUAN) on 05/01/2013.,
when the stock price was $18.96. Since then, Nuance Communications, Inc. has lost 29.64% as of 11/27/2013's recent price of $13.34.
If you would have followed the previous UBS's recommendation on NUAN, you would have lost 29.64% of your investment in 210 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.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/27/2013 1:25 PM Hold
13.34 14.00
as of 12/13/2013
1 Week   
1 Month down  -16.62 %
3 Months down  -30.91 %
1 YTD down  -40.23 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/1/2013 10:25 AM Buy
18.96 23.00
2/8/2013 11:25 AM Buy
19.95 26.00
11/20/2012 11:25 AM Buy
20.40 30.00
1/13/2011 11:25 AM Buy
20.57 25.00
11/23/2010 10:25 AM Buy
17.99 20.00
9/27/2010 11:25 AM Buy
15.73 18.00
4/30/2009 12:25 PM Hold
13.35 14.00

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