Morgan Stanley Sees Bookings as Highlight of Nuance Communications' Q1 Results

In a report published Tuesday, Morgan Stanley analyst Jennifer Swanson Lowe reiterated an Equal-Weight rating on Nuance Communications (NASDAQ: NUAN ). In the report, Morgan Stanley noted, “As preannounced, Q1 results topped guidance, but the highlight of Q1 was bookings +26% YoY, putting the company comfortably on track to hit