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Australia's Webjet sheds early gains as Macquarie lowers PT



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** Shares of travel company Webjet Ltd WEB.AX fall as much as 0.9% to A$7.78

** Earlier in the session, stock up as much as 1% at A$7.93

** Macquarie lowers price target on Webjet's stock to A$8.72 from A$9.95, retains "neutral" rating

** Analysts at Macquarie say revenue margins estimates for business-to-business operations (B2B) for the consumer services firm were below expectations

** Brokerage sees limited scope for any earnings update on the firm and does not expect any margin improvement in B2B

** Stock has risen 7% this year, as of last close






Reporting by Rishav Chatterjee in Bengaluru

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