Houlihan Lokey rises after Wells Fargo upgrades to 'overweight'

** Shares of investment bank Houlihan Lokey HLI.N rise as much as 3.8%; last up 2.3% at $157.96 in afternoon trade

** Wells Fargo Securities upgrades HLI to "overweight" from "underweight", according to data compiled by LSEG

** Stock outperforms rival U.S. investment banks

** Three of nine brokerages rate the stock "buy", four "hold" and two "sell" or lower; with a median PT of $196.50

** HLI stock down 8.9% YTD