AU daily stock ratings: Webjet, Viva Leisure and Treasury

$Web Travel Group Ltd (WEB.AU)$: Macquarie keeps a neutral rating on the travel agency and lowers its price target 5% to A$5.80.

Macquarie says the company has higher exposure to Australian international travel, which is lagging behind North America and Europe, and Macquarie warns that could drag on FY 2023 profitability.

Shares are 2.86% lower at A$5.43.

$Viva Leisure Ltd (VVA.AU)$: Citi has a buy rating on the stock.

Viva Leisure's Ebitda will likely more than double between FY 2021 and FY 2024, driven by greenfield rollout, acquisitions and franchise buybacks, Citi says.

Shares are 0.30% higher at A$1.70.

$Treasury Wine Estates Ltd (TWE.AU)$: Citi has a buy rating on Treasury with a A$13.78 price target.

Using the latest Nielsen data, Citi says that although Australia-based vintner Treasury Wine's sales volumes in U.S. retail were down 9%, average pricing was up 3%.

Shares are 0.95% lower at A$11.50.