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

Yesterday Nuance Communications Inc. (NASDAQ:NUAN) traded -3.26% lower at $13.93. The company’s 50-day moving average is $14.51 and its 200-day moving average is $16.13. The last stock close price is down -13.63% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,959,377 shares of the stock were exchanged, down from an average trading volume of 2,277,200

Zacks Investment Research has upgraded Nuance Communications Inc. (NASDAQ:NUAN) to Hold in a report released on 10/12/2016.

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Nuance Communications Inc. (NASDAQ:NUAN)

Nuance Communications Inc. has a 52 week low of $13.74 and a 52 week high of $21.83 The company’s market cap is currently $0.

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

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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