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Fly News Breaks for October 20, 2016
RST
Oct 20, 2016 | 08:42 EDT
Barrington analyst Alexander Paris upgraded Rosetta Stone to Outperform with an $11 price target citing his sum-of-the-parts analysis. The analyst says his "conservative sum-of-the-parts exercise" values Rosetta Stone at $13.45 per share. He supports management's transition strategy and believes the shares are undervalued at current levels.
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