Primerica price target lowered to $301 from $306 at Morgan Stanley

Morgan Stanley analyst Bob Huang lowered the firm’s price target on Primerica (PRI) to $301 from $306 and keeps an Equal Weight rating on the shares. The firm updated models in the insurance space post the Q3 reports. Life insurance earnings reports were better than what share price reactions would suggest, the analyst tells investors in a research note. For property and casualty, Morgan Stanley sees a softening cycle heading into 2026.