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Judo Bank shares rise despite Morgan Stanley price target cut

Judo Bank shares rise despite Morgan Stanley price target cut

Judo Capital Holdings Ltd (ASX: JDO) shares are higher on Monday, but the bounce follows a brutal month for shareholders. 

At the time of writing, the Judo share price is up 2.27% to 90 cents. 

Despite the small lift today, the ASX bank stock is still down roughly 37% over the past month and almost 50% in 2026. 

That follows a massive 40% plunge on 25 June after Judo updated the market on its asset quality and trading performance

So, why is the stock getting attention again today?

Bank building with the word bank in gold.

Image source: Getty Images

Morgan Stanley wants more answers

According to The Australian, Morgan Stanley analysts have cut their target price on Judo by around 32% to $1.25.

The broker said Judo’s June update hurt confidence in its near-term earnings…

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