Nuance Communications, Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Nuance Communications, Inc.

NUAN 54.84

0.0%

Aug 11 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Jorgen Jensen	1/11/2008 3:21:50 PM
	of 834

Friday January 11, 10:21 am ET Nuance Shares Rise After Upgrade to 'Buy' on Recent Stock Drop, '08 Growth Opportunities NEW YORK (AP) -- Shares of software maker Nuance Communications Inc. rose Friday morning after an analyst upgraded company shares to "Buy" from "Hold," saying a recent share drop sufficiently discounts potential risks in 2008. The stock gained 48 cents, or 3 percent, to $16.52 after the opening bell. Shares have lost 23.9 percent since Nov. 7. Nuance, which makes speech recognition and digital imaging software, "is looking at significant growth opportunities" in its mobile, call center and health care units in 2008 due to a litany of factors, Citi Investment Research analyst Brent Thill said in a client note. He kept his $23 price target, a 43.3 percent upside from Thursday's close of $16.05, and recommended "investors buy this dominant provider of speech technology."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next