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Enter Symbol:
Nuance Communications, Inc. (NUAN) [hlAlert]

up 4.74 %

Nuance Communications, Inc. (NUAN) rated Outperform with price target $17 by Friedman Billings

Posted on: Monday,  Oct 13, 2008  8:25 AM ET by Friedman Billings

Friedman Billings rated Outperform Nuance Communications, Inc. (NASDAQ: NUAN) on 10/13/2008. Previously Friedman Billings rated Buy Nuance Communications, Inc. (NASDAQ: NUAN) on
08/08/2007., when the stock price was $16.01. Since then, Nuance Communications, Inc. has gained 4.75% as of 01/15/2016's recent price of $16.77.
If you would have followed the previous Friedman Billings's recommendation on NUAN, you would have gained 4.74% of your investment in 3082 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.

FBR Capital Markets is a full service investment banking, institutional sales, trading and research and asset management firm with a customer-focused and innovative approach to meeting its clients needs. It focuses its banking, advisory, trading and research efforts on seven broad industry sectors including consumer, diversified industrials, energy & natural resources, financial institutions, insurance, real estate and technology, media & telecom. With our headquarters in the Washington, D.C. metropolitan area, our Economic and Washington Policy Analysis groups offer clients a comprehensive overview of national economic trends along with a unique perspective on the impact that legislation and regulation will have on industry sectors and individual companies
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/13/2008 8:25 AM Buy
11.23 17.00
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
10/23/2007 9:25 AM Buy
21.93 24.00
9/18/2007 9:25 AM Buy
18.66 22.00
8/8/2007 9:25 AM Buy
16.01 20.00

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