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Nuance Communications, Inc. (NUAN) [hlAlert]

Rating:
Equal-Weight
NUAN

Nuance Communications, Inc. (NUAN) rated Equal-Weight by Lehman Brothers

Posted on: Friday,  Jul 25, 2008  9:25 AM ET by Lehman Brothers

Nuance Communications (NUAN)
rated Equal-Weight by Lehman Brothers.

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.

Lehman Brothers Holdings Inc. has filed for bankruptcy protection in the U.S.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/25/2008 9:25 AM Hold
None
15.91
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 %

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