Judo Is Unlikely to Elaborate on Existing Guidance -- Market Talk
Dow Jones
Jun 02, 2025
0500 GMT - Judo Capital's investor day is likely to focus on the Australian business lender's strategy rather than its near-term earnings outlook, Morgan Stanley analysts say. They don't expect any elaboration on Judo's existing outlook for 50% pre-tax profit growth in fiscal 2026, but would like to ask how competitive dynamics are affecting its ability to attract and retain bankers. The MS analysts write in a note that they expect commentary on competition, technology and scale, risk appetite, and capital. MS has an overweight rating and A$2.10 target price on the stock, which is down 2.3% at A$1.3925. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
June 02, 2025 01:00 ET (05:00 GMT)
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