Australia's IDP Education gains in line with broader market; Morgans cuts PT

** Shares of IDP Education IEL rise as much as 1.9% to A$10.240, gaining most since February 20, last up 1.5%

** Shares of education consulting co tracking overall positive sentiment seen in Australia markets for the day, with the benchmark index XJO up 0.2%

** Morgans, however, eases its Price Target for shares of education consultancy co to A$13.00 from A$18.20

** Brokerage flags lower-than-expected half-yearly earnings reported, sees lower student volumes in 2025

** Also warns of policy uncertainty, given regulatory changes to immigration in key jurisdictions the UK, Canada, and Australia

** 7 of 12 analysts rate the stock "Buy", 4 "Hold" and 1 "Strong Sell"; their median PT is A$14.25 – LSEG data

** Stock down 19.8% this year