Hudson Pacific price target lowered to $10 from $13 at Cantor Fitzgerald

Cantor Fitzgerald lowered the firm’s price target on Hudson Pacific (HPP) to $10 from $13 and keeps an Overweight rating on the shares. Hudson Pacific’s Q4 results included the reinstatement of 2026 FFO guidance at 96c-$1.06, exceeding prior consensus and triggering a sharp rally, though shares subsequently pulled back amid ongoing investor skepticism, the analyst says in a research note. With office performance stabilizing and targeted actions in the studio segment to reduce $22M of annual NOI headwinds, the company appears positioned to regain credibility and potentially narrow its steep net asset value discount, the firm says.