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Nuance Communications, Inc. (NUAN) [hlAlert]

Rating:
Buy NUAN
down 23.07 %

Nuance Communications, Inc. (NUAN) rated Buy with price target $26 by Deutsche Bank

Posted on: Wednesday,  May 11, 2011  1:25 PM ET by Deutsche Bank

Deutsche Bank rated Buy Nuance Communications, Inc. (NASDAQ: NUAN) on 05/11/2011, when the stock price was $21.80. Since
then, Nuance Communications, Inc. has lost 23.07% as of 01/15/2016's recent price of $16.77.
If you would have followed this Deutsche Bank's recommendation on NUAN, you would have lost 23.07% of your investment in 1710 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.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/11/2011 1:25 PM Buy
None
21.80 26.00
as of 12/30/2011
1 Week down  -2.13 %
1 Month up  2.35 %
3 Months up  23.69 %
1 YTD up  15.41 %

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