Piper Sandler lowered the firm’s price target on Hudson Pacific (HPP) to $10 from $11 and keeps a Neutral rating on the shares. The firm is aligning Hudson Pacific’s studio opex to better mirror its expectation for revenue ramp over the course of 2026.
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Read More on HPP:
- Hudson Pacific downgraded to Market Perform from Outperform at BMO Capital
- 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