SpeechWorks Lifted 1.5% by Comments

SpeechWorks

(SPWX)

was up 1.5% in midafternoon after

U.S. Bancorp Piper Jaffray

reiterated its buy rating and price target of $55.

Piper Jaffray noted that last week the company unveiled the first Korean-language speech recognition system for stock trading and said SpeechWorks and its partners should continue to gain in international markets.