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Hudson Pacific price target lowered to $7.50 from $12.50 at Goldman Sachs

Goldman Sachs lowered the firm’s price target on Hudson Pacific (HPP) to $7.50 from $12.50 and keeps a Neutral rating on the shares. The company’s Q4 FFO was slightly ahead estimates, though its recurring capex was also meaningfully higher than expected, the analyst tells investors in a research note.

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