Jefferies & Company Maintains Rosetta Stone Rating Due To Volatility

Rosetta Stone (NYSE: RST) lowered its 4Q10 outlook after coming in slightly below on 3Q10n sales bookings and revenue, Jefferies & Company reports.

“RST remains bullish on prospects for V4 longer-term, though mgmt now expects V4 uptake to be more gradual than originally expected,” Jefferies & Company writes. “We remain Hold given risks due to volatility in the model.”

Rosetta Stone currently trades at $22.78.