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Nuance Communications, Inc. (NUAN) [hlAlert]

Rating:
Buy NUAN
up 34.37 %

Nuance Communications, Inc. (NUAN) rated Buy with price target $20 by Morgan Joseph

Posted on: Wednesday,  May 13, 2009  8:25 AM ET by Morgan Joseph

Morgan Joseph rated Buy Nuance Communications, Inc. (NASDAQ: NUAN) on 05/13/2009, when the stock price was $12.48. Since
then, Nuance Communications, Inc. has gained 34.38% as of 01/15/2016's recent price of $16.77.
If you would have followed this Morgan Joseph's recommendation on NUAN, you would have gained 34.37% of your investment in 2438 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 Joseph is committed to providing timely, objective and actionable investment advice on the companies and securities we follow. Our team of equity analysts covers a growing universe of stock issues across a broad range of industry sectors. As a middle market-focused firm, our approach is not to publish research on as many companies as possible within a number of industry sectors. Rather, our research analysts distinguish themselves by zeroing in on quality companies with growth prospects or which present special situations. These companies often lack a research following. This enables our analysts to provide insight to investors in companies that are not well understood nor fairly valued.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/13/2009 8:25 AM Buy
None
12.48 20.00
as of 12/31/2009
1 Week up  25.36 %
1 Month up  31.13 %
3 Months up  33.15 %
1 YTD up  59.61 %

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