** Analysts at Citi cut PT for Flight Centre Travel Group
to A$20.35 from A$24.35; maintain "buy" rating
** Citi revises FY25 profit before tax $(PBT)$ est. for the corporate travel manager to A$382 mln ($246.47 mln), following the company's FY profit est.
** FLT said on Thursday it sees an underlying PBT of A$365 mln to A$405 mln for fiscal 2025 in its trading update
** While risks remain, the volatility in booking patterns and recovery of override accruals should smooth out over the course of a year as consumers are still travelling - Citi
** Stock down by 14.6% YTD, as of last close
($1 = 1.5499 Australian dollars)
(Reporting by Sherin Sunny in Bengaluru)
((Sherin.Sunny@thomsonreuters.com))