Raymond James Downgrades Primerica to Market Perform
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Wilma Burdis downgraded Primerica (PRI) from Strong Buy to Market Perform, indicating a change in the firm's outlook on the stock.
February 12, 2024 | 10:44 am
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NEUTRAL IMPACT
Primerica was downgraded by Raymond James from Strong Buy to Market Perform, suggesting a neutral outlook on the stock's short-term performance.
The downgrade by a prominent analyst could lead to a neutral or slightly negative investor sentiment in the short term, as market participants reassess the stock's growth prospects.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100