Piper Sandler lowered the firm’s price target on Hudson Pacific (HPP) to $2.50 from $3.50 and keeps a Neutral rating on the shares. Ahead of Q1 2025 earnings, the firm is adjusting estimates for recent company announcements and assumption revisions. Piper’s Hudson Pacific update reflects recent capital markets activity.
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Read More on HPP:
- Sell Rating Maintained for Hudson Pacific Properties Amid High CMBS Rates and Market Volatility
- Hudson Pacific Properties Secures $475M CMBS Financing
- Hudson Pacific rises 7.6%
- Hudson Pacific Properties: Strategic Financial Maneuvers Justify Buy Rating Amidst Recovery Prospects
- Hudson Pacific upgraded to Outperform from Market Perform at BMO Capital
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