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Nuance Communications, Inc. (NUAN) [hlAlert]

Rating:
Buy NUAN
down 8.80 %

Nuance Communications, Inc. (NUAN) rated Buy with price target $24 by Brigantine

Posted on: Friday,  Dec 17, 2010  12:25 PM ET by Brigantine

Brigantine rated Buy Nuance Communications, Inc. (NASDAQ: NUAN) on 12/17/2010, when the stock price was $18.39. Since
then, Nuance Communications, Inc. has lost 8.81% as of 01/15/2016's recent price of $16.77.
If you would have followed this Brigantine's recommendation on NUAN, you would have lost 8.8% of your investment in 1855 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.

Brigantine Advisors is an integrated research team with its first focus on the technology sector. The equity research analysts on our team began their careers in industry with most spending an average of 7 years in their respective sectors. In addition, each analyst has spent over 10 plus years on Wall Street and collectively they have over 100 years of experience. We provide our investment clients timely analysis of market trends by identifying major technology shifts. Within the macro environment, we identify profitable investment opportunities with a focus on both the financial and technical capabilities of the companies we analyze.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/17/2010 12:25 PM Buy
None
18.39 24.00
as of 12/31/2010
1 Week up  8.97 %
1 Month up  8.31 %
3 Months   
1 YTD up  8.31 %

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