** Citi upgrades Judo Capital JDO.AX to "neutral" from "sell"
** Says a ~35% pullback in financial firm's stock from CY25 highs offers balance between its long-term metrics and emerging risks over 2026
** Cuts PT to A$1.55 from A$1.60 to account for its lowered outlook for FY26, citing lower net interest margins on spreads and rates
** Stock rated "buy" on avg; median PT is A$2.15, per data compiled by LSEG
** YTD, JDO falls 24.5%
(Reporting by Nichiket Sunil in Bengaluru)
((Nichiket.Sunil@thomsonreuters.com;))