Judo Capital's Margin Outlook Lures New Bull -- Market Talk
Dow Jones
Jun 04, 2025
2335 GMT - Judo Capital's improved near-term margin outlook helps lure a new bull to the Australian business lender. Macquarie analysts raise their recommendation on the stock to outperform from neutral following Judo's investor day. They point to the improved funding costs that give them more comfort on Judo's margins. They raise their EPS forecasts by 4% for fiscal 2026 and by 3% for fiscal 2027 on funding mix shifts and improved term-deposit spreads. Macquarie lifts the stock's target price by 3% to A$1.75. Shares are at A$1.465 ahead of the open. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
June 03, 2025 19:35 ET (23:35 GMT)
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