SpeechWorks Lifted 1.5% by Comments

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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.