Judo Capital Bulls See Bear Scenario Priced in -- Market Talk
Dow Jones
Mar 30
2325 GMT - Judo Capital's bulls at Morgan Stanley think investors are already pricing in a high probability that loan growth slows and losses rise due to a weak Australian economy. Analysts at MS remain more positive, estimating just a 30% chance of this bear scenario, albeit up from 10% previously. Their base scenario for the Australian business lender is that it can deliver strong earnings growth and a double-digit return on equity within two years. This is seen as twice as likely as the bear scenario. MS cuts its target price 14% to A$1.90 but keep an overweight rating on the stock, which is down 7.3% at A$1.34. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
March 29, 2026 19:25 ET (23:25 GMT)
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