Truist analyst Mark Hughes raised the firm’s price target on Primerica to $275 from $260 and keeps a Buy rating on the shares after its Q4 earnings beat. The company gave “solid guidance” for 2024, looking for salesforce headcount growth of 3% along with an increase in life policies issued of 3%-5% and adjusted direct premiums in the Term Life segment up 5%-6%, the analyst tells investors in a research note.
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