Courtesy of Benzinga.
Speaking exclusively to Benzinga, FBR Capital Markets Managing Director and Senior Analyst Daniel Ives said given that Microsoft Corporation (NASDAQ: MSFT) has a laser focus on the cloud, he doesn’t see takeover of Nuance Communications Inc. (NASDAQ: NUAN) as likely.
If that was part of Nuance’s strategic plan, Ives believes the company — or at least pieces of it — would be a better fit for Samsung or a private equity player.
“Right now, Nuance — it’s investors — want to see good execution without the speed bumps seen of late,” according to Ives.
Latest Ratings for MSFT
Date | Firm | Action | From | To |
---|---|---|---|---|
Nov 2014 | Citigroup | Maintains | Neutral | |
Oct 2014 | Credit Suisse | Maintains | Outperform | |
Oct 2014 | Credit Suisse | Maintains | Outperform |
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