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Zacks Investment Research issued a report on Nuance Communications Inc. (NASDAQ:NUAN), hiking its price target to $18.00 earlier today

Indicating a possible upside of 0.11%, Zacks Investment Research raised the target price of Nuance Communications Inc. (NASDAQ:NUAN) to $18.00

Boasting a price of $16.21, Nuance Communications Inc. (NASDAQ:NUAN) traded -0.67% lower on the day. With the last stock price close up 6.11% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Nuance Communications Inc. has recorded a 50-day average of $14.57 and a two hundred day average of $15.28. Volume of trade was down over the average, with 0 shares of NUAN changing hands under the typical 2,351,360

Performance Chart

Nuance Communications Inc. (NASDAQ:NUAN)

With a total market value of $0, Nuance Communications Inc. has with a one year low of $13.44 and a one year high of $21.83 .

A total of 10 equity analysts have released a ratings update on NUAN. Three equity analysts rating the company a strong buy, three equity analysts rating the company a buy, five equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $23.20.

Brief Synopsis 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, customer analytics and personalization solutions.

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