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Nuance Communications, Inc. (NUAN) [hlAlert]

Rating:
Buy NUAN
down 21.04 %

Nuance Communications, Inc. (NUAN) rated Buy with price target $23 by Broadpoint Capital

Posted on: Tuesday,  May 13, 2008  8:25 AM ET by Broadpoint Capital

Broadpoint Capital rated Buy Nuance Communications, Inc. (NASDAQ: NUAN) on 05/13/2008. Previously Broadpoint Capital rated Buy Nuance Communications, Inc. (NASDAQ: NUAN) on
10/26/2007., when the stock price was $21.24. Since then, Nuance Communications, Inc. has lost 21.05% as of 01/15/2016's recent price of $16.77.
If you would have followed the previous Broadpoint Capital's recommendation on NUAN, you would have lost 21.04% of your investment in 3003 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.

Broadpoint Capital, Inc. is an investment banking and capital markets firm that provides corporate and public finance services and trading of corporate, government, and municipal securities for institutions. The company has three divisions: Municipal Capital Markets division, which underwrites and trades municipal securities in new issue and secondary markets; Taxable Fixed Income division, which is a dealer focusing on fixed income securities with limited liquidity; and Equity Capital Markets division, which is a sector-focused investment banking group providing research, trading, raising of capital and advisory services for institutional and corporate clients. Broadpoint Capital, formerly known as First Albany Corporation, was founded in 1953 and is based in New York, New York. The company operates as a subsidiary of First Albany Companies Inc.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/13/2008 8:25 AM Buy
None
19.65 23.00
as of 12/24/2008
1 Week down  -1.08 %
1 Month up  25.99 %
3 Months up  34.01 %
1 YTD up  31.94 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/26/2008 8:25 AM Buy
None
18.13 22.00
2/8/2008 8:25 AM Buy
None
16.18 21.00
10/26/2007 9:25 AM Buy
None
21.24 24.00

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