Baird analyst Jeffrey Meuler said the weakness in Pluralsight due to its billings shortfall is a buying opportunity. The analyst said the company appears to have underinvested in sales capacity which could serve as a headwind to margin progression over the next few years. He said he remains confident in its value proposition and market leadership position in a very large addressable market and views the current valuation as an attractive entry point. Meuler reiterated his Outperform rating and lowered his price target to $33 from $41 on Pluralsight shares.