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Technology Stocks : Nuance Communications, Inc.
NUAN 54.840.0%Aug 11 5:00 PM EST

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From: Jorgen Jensen1/7/2005 5:43:17 PM
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BANGALORE, Jan 7 (Reuters) - Raymond James on Friday started coverage of software company ScanSoft Inc. with a "strong buy" and set a $7 price target.

In a research note, the brokerage firm said the company is likely to benefit from increasing usage of its speech recognition software products.

In morning trade, shares of ScanSoft rose 22 cents to $4.20 on the Nasdaq.
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