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Fly News Breaks for August 9, 2016
NUAN
Aug 9, 2016 | 07:21 EDT
Canaccord noted Nuance reported "mediocre" Q3 results, as expected, but they saw signs of continued progress in its business. The firm said management alluded to several large deals in its pipeline, continued cost controls to drive margin expansion, and a resumption of organic growth in 2017. Canaccord reiterated its Buy rating and $20 price target on Nuance shares.
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