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Fly News Breaks for August 1, 2019
PS
Aug 1, 2019 | 08:46 EDT
Needham analyst Scott Berg lowered his price target on Pluralsight to $36, saying that while the company beat on Q2 earnings, billings missed as a result of sales execution issues. The analyst keeps his Buy rating on Pluralsight however, noting that he sees the sales leadership issues as contained and expects the company to drive higher billings in a shorter time span given that demand is "not an underlying issue."
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