Piper Sandler Downgrades Hudson Pacific Properties (HPP) to Neutral
(Updated - October 19, 2026 5:01 AM EDT)
Piper Sandler analyst Alexander Goldfarb downgraded Hudson Pacific Properties (NYSE: HPP) from Overweight to Neutral with a price target of $13.00 (from $15.00).
The analyst comments: “HPP: Downgrade to Neutral and lowering our price target to $13 from $15, which is based on ~10x our 2027E of FFO versus ~11x previously. Our reduced multiple is driven by increased volatility in the macro. Risks include regulations, taxes, quality of life, economic trends, office demand, and interest rates.”
For an analyst ratings summary and ratings history on Hudson Pacific Properties click here. For more ratings news on Hudson Pacific Properties click here.
Shares of Hudson Pacific Properties closed at $10.30 yesterday.