Soleil Securities Reiterates a 'Buy' on Nuance Communications (NUAN); Nuance Likely Important Part of Apple's IOS 5

Soleil Securities reiterates a 'Buy' on Nuance Communications (NASDAQ: NUAN), PT $23.

Soleil analyst says, "According to several Apple (Nasdaq: AAPL) (not rated) consumer and industry websites, Apple's IOS 5.0 for the next-generation iPhone will likely feature deep voice control into the operating system and likely be demonstrated in June. We believe that Apple's partner for the underlying voice recognition technology is Nuance...We believe that the depth of the Apple/Nuance relationship is far deeper than Wall Street realizes and will serve as a significant catalyst for the shares."

For more ratings news on Nuance Communications click here and for the rating history of Nuance Communications click here.

Shares of Nuance Communications closed at $18.08 yesterday, with a 52 week range of $14.45-$20.97.

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