Piper Sandler Maintains Overweight on Hudson Pacific Properties, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Alexander Goldfarb has maintained an Overweight rating on Hudson Pacific Properties (NYSE:HPP) but reduced the price target from $9 to $8.

November 10, 2023 | 9:45 pm
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Piper Sandler has maintained an Overweight rating on Hudson Pacific Properties but lowered the price target from $9 to $8, indicating a potential downside compared to the previous target.
The reduction in price target by Piper Sandler suggests a lower expected future stock price for Hudson Pacific Properties, which could lead to a negative short-term impact on the stock as investors adjust their expectations. However, the Overweight rating indicates the analyst still sees the company as a good investment overall.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100