** Shares of Flight Centre Travel FLT.AX up as much as 2.2% at A$15.14
** Macquarie hikes price target for travel retailer by 6% to A$17.85 per share, rated "Outperform"** Co said last week that it will buy UK cruise agency Iglu for 100 million pounds ($133.65 million) upfront and up to 27 million pounds in earnouts** FY26 profit guidance lifted to A$315-A$350 million ** Macquarie hikes PT after hiking earnings forecasts due mainly to acquisition, believes cruise is an attractive market with strong growth and high margins** 13 of 15 analysts rated "Buy" or higher on stock, while remaining two recommend "Hold", as per LSEG-compiled data
** YTD, FLT shares down 9.3%
($1 = 0.7482 pounds)
(Reporting by Nichiket Sunil in Bengaluru)
((Nichiket.Sunil@thomsonreuters.com))