Needham Maintains Their Buy Rating on Pluralsight (PS)


In a report released today, Scott Berg from Needham maintained a Buy rating on Pluralsight (PS), with a price target of $25.00. The company’s shares closed last Thursday at $12.34.

According to TipRanks.com, Berg is a 5-star analyst with an average return of 10.4% and a 58.8% success rate. Berg covers the Technology sector, focusing on stocks such as Cornerstone Ondemand, Ceridian HCM Holding, and Tyler Technologies.

Pluralsight has an analyst consensus of Strong Buy, with a price target consensus of $21.30.

See today’s analyst top recommended stocks >>

Based on Pluralsight’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $88.81 million and GAAP net loss of $31.29 million. In comparison, last year the company earned revenue of $67.26 million and had a GAAP net loss of $16.3 million.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Pluralsight, Inc. engages in the provision of technology skill development solutions. It offers a cloud-based technology learning platform which provides a broad range of tool, including skill assessments, a curated library of courses, learning paths, and business analytics. The company was founded by Aaron Skonnard, Frederick Onion, Keith Brown, Fritz Onion and Bill Williams in 2004 and is headquartered in Farmington, UT.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts