Morgan Stanley Lowers its Price Target on Primerica, Inc. (PRI) to $285 and Maintains an Equal Weight Rating

Primerica, Inc. (NYSE:PRI) is among the 11 Cheap Growth Stocks to Buy Right Now.

On March 3, 2026, Morgan Stanley analyst Bob Huang lowered the price target on Primerica, Inc. (NYSE:PRI) to $285 from $292 previously and maintained an Equal Weight rating. Bob Huang said the change comes as Morgan Stanley updates price targets across its Insurance – Life/Annuity North America coverage. Bob Huang added that while Morgan Stanley is not concerned about life insurers’ exposure to private credit, the broader industry could face valuation pressure.

In February, Primerica, Inc. (NYSE:PRI) reported fourth-quarter EPS of $6.13 compared with consensus of $5.68 and revenue of $853.7 million versus consensus of $839.65 million. Chief Executive Officer Glenn Williams said the company’s 2025 results reflected the “complementary balance” of its business model, noting that the Term Life segment provides stability while the Investment and Savings Products segment is increasingly driving growth. Glenn Williams also cited the strength of the company’s sales force and its focus on serving middle-income families.

Primerica, Inc. (NYSE:PRI) provides financial products and services to middle-income households in the United States and Canada through its Term Life Insurance, Investment and Savings Products, Senior Health, and Corporate and Other Distributed Products segments.

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