.jpg "Nuance Communications (NASDAQ: NUAN)")
In a report released today, Daniel Ives from Wedbush maintained a Buy rating on Nuance Communications (NUAN), with a price target of $22. The company’s shares opened today at $16.46.
According to TipRanks.com, Ives is a 4-star analyst with an average return of 5.2% and a 59.6% success rate. Ives covers the Technology sector, focusing on stocks such as Verint Systems Inc, Citrix Systems, and Symantec Corp.
Currently, the analyst consensus on Nuance Communications is a Moderate Buy with an average price target of $21, representing a 27.6% upside. In a report issued on February 1, Oppenheimer also assigned a Buy rating to the stock.
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The company has a one-year high of $18.17 and a one-year low of $12.18. Currently, Nuance Communications has an average volume of 2.83M.
Based on the recent corporate insider activity of 64 insiders, corporate insider sentiment is negative on the stock.
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Nuance Communications, Inc. engages in the provision of voice and language solutions for businesses and consumers. It operates through the following segments: Healthcare, Enterprise, Automotive, Imaging and Other.
