** Jefferies cuts PT on B2B travel services firm Web Travel WEB.AX to A$5 from A$5.30; retains "Hold" rating
** Brokerage says co's ambitious 2030 A$10 billion Total Transaction Value (TTV) target may lead to accepting lower margins from suppliers
** Reiterates concerns about co's TTV growth outpacing peers and its below-peers take rate
** Adds, while the opex outlook appears positive, discounting poses risks
** WEB on Wednesday reported full-year net profit attributable of A$201.5 million ($129.40 million), up 196% YoY
** Stock up 14.60% YTD
($1 = 1.5571 Australian dollars)
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.