Lennar falls after co forecasts weak Q4 gross margin
** Shares of U.S. homebuilder Lennar LEN.N fall 4% to $184 in early trade
** Co forecasts weak Q4 gross margin
** KBW says despite the strong results, positive commentary about demand, and potential favorable impact of rate cuts, the Q4 gross margin forecast could temper the stock's reaction
** Citi says investors should focus on weaker Q4 gross margin forecast and net order average selling price decline, suggesting some demand pressure into the fall
** Barclays says LEN Q4 guidance is a miss vs. estimates
** Average rating of 21 brokerages is equivalent to "buy"; median PT is $182 - LSEG data
** Up to Thursday's close, LEN is up 29% YTD
Reporting by Anshuman Tripathy in Bengaluru
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