Wells Fargo lowered the firm’s price target on Hudson Pacific (HPP) to $13.50 from $18.20 and keeps an Overweight rating on the shares. The firm remains bullish on Hudson Pacific driven by its belief that current share price allows for significant upside, office occupancy growth is likely to outpace peers through 2027, and studio concerns are weighing disproportionately.
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Read More on HPP:
- Hudson Pacific price target lowered to $6.50 from $8 at Piper Sandler
- Hudson Pacific price target lowered to $5 from $8 at Morgan Stanley
- Hudson Pacific price target lowered to $7.50 from $12.50 at Goldman Sachs
- Hudson Pacific price target lowered to $10 from $13 at Cantor Fitzgerald
- Hudson Pacific price target raised to $8 from $7 at Citi