Primerica price target raised to $275 from $260 at Truist

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.