Nuance (NUAN +1.3%) edges higher after FBR (Outperform) lifts its PT to $33 from $28; the firm...

|About: Nuance Communications, Inc. (NUAN)|By:, SA News Editor

Nuance (NUAN +1.3%) edges higher after FBR (Outperform) lifts its PT to $33 from $28; the firm says its checks indicate Nuance saw healthy deal activity in calendar Q4, and has a strong pipeline for FY12 (ends in September). FBR adds it believes the voice recognition software provider is in the early stages of a major growth opportunity. (previously)