BMO Capital analyst John Kim downgraded Hudson Pacific (HPP) to Market Perform from Outperform with a price target of $11, down from $16. BMO adjusted real estate investment trust ratings as part of its 2026 outlook. While Hudson can take steps to realize value, uncertainty remains on the recovery of its studio business, the analyst tells investors in a research note.
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Read More on HPP:
- Hudson Pacific Properties: Market Perform Rating Amid Leasing Progress, Studio Uncertainty, and Persistent Vacancy Headwinds
- Hudson Pacific price target lowered to $13 from $21 at Cantor Fitzgerald
- Hudson Pacific price target lowered to $11 from $17.50 at Piper Sandler
- Hudson Pacific target adjusted to $26 from $4.75 at BTIG
- Hudson Pacific price target lowered to $16.50 from $19.25 at Goldman Sachs