Updates shares

** Shares of Judo Capital JDO.AX up 3.5% to A$1.4225; biggest intraday jump since April 10

** Citi upgrades Judo Capital to "neutral" from "sell"

** Says ~35% stock pullback from CY25 highs offers balance between long-term metrics and emerging risks over 2026

** Cuts PT to A$1.55 from A$1.60 on lowered outlook for FY26, expecting drop in net interest margins

** Analysts on avg rate the stock "buy"; median PT is A$2.15, per data compiled by LSEG

(Reporting by Nichiket Sunil & Sherin Sunny in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com;))