 Wells Fargo analyst Deepa Raghavan upgraded LGI Homes Inc NASDAQ:LGIH to Equal Weight from Underweight with a price target of 160, up from 125, implying a 0.82 upside. The analyst believes the stock and expectations reset materially post the Q4 earnings reported on November 2, and got further confirmation of fundamentals having bottomed out for LGI at the analyst day. 