** Shares of Australia's Jumbo Interactive JIN.AX fall as much as 2.1% to A$13.82, posting their weakest session since Dec 19, 2024
** Macquarie cuts PT for the lottery provider to A$14.40 from A$14.75 due to weak lottery volumes outlook, and maintains "neutral" rating
** Brokerage expects lottery volumes to fall by 7% in FY25 owing to tough competition and high jackpot activity in the previous year
** Macquarie sees H1 FY25 NPAT of A$18 mln ($11.21 mln), down 11% yoy; cuts EPS estimates by 13% and 4% in FY25 AND FY26, respectively
** Analysts on average rate the stock "buy"; their median PT is A$14.65 - LSEG Data
($1 = 1.6059 Australian dollars)
(Reporting by John Biju in Bengaluru)
((John.Biju@thomsonreuters.com;))
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