TD Cowen Ups Primerica (PRI) PT to $326 Amid Positive Life Insurance Sector Preview

Group 1 - Primerica Inc. is considered one of the most undervalued quality stocks currently available for investment, with TD Cowen raising its price target to $326 from $322 while maintaining a Buy rating [1][4] - In Q3 2025, Primerica reported a 7% increase in adjusted net operating income to $206 million, and diluted adjusted operating EPS rose 11% to $6.33, driven by strong performance in the Investment and Savings Product segment, which achieved record sales of $3.7 billion, a 28% year-over-year increase [2][4] - Client asset values reached $127 billion, indicating robust growth in the company's financial products and services [2] Group 2 - The Term Life segment faced challenges, with new policies issued dropping 15% year-over-year, attributed to cost-of-living pressures and economic uncertainty, leading to delays in financial decisions and higher lapse rates [4] - Despite the challenges in the Term Life segment, the sales force is projected to grow to 153,000 representatives by year-end, although recent recruiting and licensing figures have shown a slowdown [4]