Barrington analyst Alexander Paris, Jr. reiterated an Outperform rating on Rosetta Stone and raised his price target to $27 from $24 following the company's better than expected Q4 results. In a research note to investors, the analyst says he would continue to be a buyer of Rosetta given the intrinsic value of its parts, continued strong growth at Lexia, which has been driven by a bookings CAGR of 26% since 2014, a more predictable/sustainable sales model as a result of the subscription transition, which will continue to benefit from sales team alignment as the company executes on its top-down and bottom-up go-to-market strategy; improving cash flow, and its already healthy balance sheet with no long-term debt.