What 7 Analyst Ratings Have To Say About Hudson Pacific Properties
Portfolio Pulse from Benzinga Insights
Recent analyst ratings for Hudson Pacific Properties (NYSE:HPP) show a mix of somewhat bullish and indifferent sentiments, with 4 somewhat bullish and 3 indifferent ratings. The average 12-month price target is now $7.7, a 16.03% decrease from the previous $9.17 target. Analysts from firms like Piper Sandler and Morgan Stanley have adjusted their price targets and ratings, reflecting concerns over the company's financial performance, including a significant revenue decline of -17.23% and challenges in profitability and debt management.
May 03, 2024 | 6:00 pm
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Hudson Pacific Properties has received mixed analyst ratings with a downward revision in the average price target to $7.7, indicating potential short-term pressure on the stock price due to concerns over its financial performance, including a significant revenue decline and challenges in profitability and debt management.
The downward revision in HPP's price target and the mixed analyst ratings reflect growing concerns over its financial health, particularly the significant revenue decline and challenges in profitability and debt management. These factors are likely to influence investor sentiment negatively, potentially leading to short-term pressure on the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100