Nuance pullback a buying opportuntiy, says Deutsche Bank

theflyonthewall.com

Deutsche Bank views the 30% year-to-date pullback in shares of Nuance Communications as a buying opportunity. Deutsche believes Nuance's market opportunity and competitive position remain relatively strong and thinks the company's Q4 results may signal a turning point. The firm reiterates a Buy rating on the stock with a $24 price target.

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