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Stock Market & Financial Investment News

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November 26, 2013
07:16 EDTNUANNuance guidance cut could mark bottom, says Oppenheimer
Oppenheimer believes Nuance's FY14 guidance cut could signal a bottom and recommends staying in the stock. Opco believes activism could be a positive catalyst in about two months and points out that Carl Icahn is down 20% on his Nuance investment. The firm lowered its price target for shares to $22 from $23 and keeps an Outperform rating on Nuance.
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