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Nuance Communications Inc. (NASDAQ:NUAN) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.

Zacks Investment Research has upgraded Nuance Communications Inc.(NASDAQ:NUAN) to Hold in a report released on Friday August 19 2016.

On 5/12/2016, UBS Securities released a statement on Nuance Communications Inc.(NASDAQ:NUAN) dropped the target price from $19.00 to $18.00. At the time, this suggested an upside of 0.08%.

Just yesterday Nuance Communications Inc. (NASDAQ:NUAN) traded 1.67% lower at $14.48. The company’s 50-day average is $15.09 and its two hundred day moving average is $16.91. The last stock price close is down 16.31% from the two hundred day moving average, compared to the S&P 500 which has decreased -0.01% over the same period. 4,477,768 shares of the stock were exchanged, up from ann avg. trading volume of 2,441,380.

Recent Performance Graphic:

Nuance Communications Inc. (NASDAQ:NUAN)

With a total market value of $0.0, Nuance Communications Inc. has a P/E of 0 with a 52 week low of $14.02 and a 52 week high of $21.83.

Also covering Nuance Communications Inc.’s stock price target, a total of 10 firms have released a report on the stock. The consensus target price is $23.20 with three analysts rating the company a strong buy, three analysts rating the stock a buy, five firms rating the stock a hold, 0 rating the company to underperform, and finally 0 brokeragesrating the company as sell.

More About Nuance Communications Inc. (NASDAQ:NUAN)

Nuance Communications, Inc. is a provider of voice recognition solutions and natural language understanding technologies. The Company operates through four segments: Healthcare; Mobile and Consumer; Enterprise, and Imaging. The Company offers its customers solutions in automated speech recognition; capabilities for natural language understanding; dialog and information management; biometric speaker authentication; text-to-speech; optical character recognition (OCR) capabilities, and domain knowledge, along with professional services and implementation support. The Company markets and sells its solutions and technologies around the world directly through a sales force; through its e-commerce Website, and also through a global network of resellers, including system integrators, independent software vendors, hardware vendors and telecommunications carriers. It offers a range of new digital engagement offerings, including live chat, and customer analytics and personalization solutions.

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