UPDATE: Deutsche Bank Initiates Coverage on LGI Homes on Compelling Financial Results
December 02, 2013 at 09:45 AM EST
In a report published Monday, Deutsche Bank analyst Nishu Sood initiated coverage on LGI Homes (NASDAQ: LGIH ) with a Buy rating and $18.00 price target. In the report, Deutsche Bank noted, “Drawing the differences between most public homebuilders typically ends up highlighting how similar they are; by contrast, LGI's