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Zacks Investment Research announced Nuance Communications Inc. (NASDAQ:NUAN), bumping up its stock price target to $18.00 today

Yesterday Nuance Communications Inc. (NASDAQ:NUAN) traded -3.50% lower at $15.94. The company’s 50-day moving average is $15.64 and its 200-day moving average is $15.04. The last closing price is up 2.70% from the 200-day moving average, compared to the S&P 500 which has decreased -0.04% over the same time period. 0 shares of the stock traded hands, down from an average trading volume of 2,680,290

In a report issued 1/11/2017 Zacks Investment Research raised the target price of Nuance Communications Inc. (NASDAQ:NUAN) to $18.00 indicating a possible upside of 0.13%.

See Chart Below

Nuance Communications Inc. (NASDAQ:NUAN)

Nuance Communications Inc. has a 52 week low of $13.44 and a 52 week high of $20.56 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 10 brokers have issued a report on the company. The average stock price target is $23.20 with 3 brokers rating the stock a strong buy, 3 brokers rating the stock a buy, 5 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Nuance Communications Inc. (NASDAQ:NUAN)

Nuance Communications, Inc. is a provider of voice recognition and natural language understanding solutions. The Company's segments include Healthcare, Mobile, Enterprise and Imaging. The Healthcare segment provides clinical speech and clinical language understanding solutions. The solutions for the Healthcare segment include transcription solutions, Dragon Medical, and clinical document improvement (CDI) and coding solutions. Its Mobile segment provides a portfolio of specialized virtual assistants and connected services. The Enterprise segment provides automated customer solutions and services. The solutions for the Enterprise segment include On-Premise solutions and services, and On-Demand multichannel cloud. The Imaging segment provides software solutions that help professionals and organizations to gain control of their document and information processes. Imaging segment include multi-function printer (MFP) scan automation solutions and MFP Print automation solutions.

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