NYSE:HPP - New York Stock Exchange, Inc. - US4440971095 - REIT - Currency: USD
BMO Capital Markets analyst John P. Kim upgraded Hudson Pacific Properties, Inc. (NYSE:HPP) on Friday from Market Perform to Outperform, raising the price forecast from $4 to $5. The analyst notes that Hudson Pacific Properties’ shares have dropped due to disappointing earnings, mainly caused by weaker performance in their office and studio segments, which has led the market to speculate about potential insolvency. Despite these challenges, the company has been actively seeking ways to generate
Mentions: TSLA
BMO analyst upgrades Hudson Pacific to Outperform, citing $475M deal and asset sales as key growth drivers despite ongoing challenges.
They'll join the index before the open on Dec. 23 as part of a quarterly rebalance.