Wells Fargo Maintains Equal-Weight on Hudson Pacific Properties, Lowers Price Target to $4.5
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Blaine Heck has maintained an Equal-Weight rating on Hudson Pacific Properties (NYSE:HPP) but has lowered the price target from $5 to $4.5.
September 11, 2024 | 2:37 pm
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Wells Fargo has maintained its Equal-Weight rating on Hudson Pacific Properties but reduced the price target from $5 to $4.5, indicating a less optimistic outlook.
The reduction in price target from $5 to $4.5 by Wells Fargo suggests a less optimistic view on Hudson Pacific Properties' future performance, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100