Brokerages cut Booking's PT on dour Q3 growth view
** Shares of online travel agency Booking Holdings BKNG.O fall ~7% to $3,410
** Co forecasts lower room nights growth in Q3 after beating Q2 revenue and profit estimates
** JP Morgan cuts price target to $3,860 from $4,025
** "Growth is expected to further decelerate in 3Q due to less expansion in the booking window" - JPM
** BofA lowers PT to $3,750 from $3,950
** BofA says BKNG has "exposure to macro travel conditions that could deteriorate further in a slowing economy"
** 26 of 36 brokerages rate the stock "buy" or higher and 10 "hold"; their median PT is $4,175 - LSEG data
** Including session moves, stock has fallen 5.8% YTD
Reporting by Anshuman Tripathy
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