Hudson Pacific Properties Reports Second Quarter 2024 Financial Results

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BMO Capital Downgrades Hudson Pacific Properties (HPP) to Market Perform

August 8, 2024 5:05 AM EDT

BMO Capital analyst John Kim downgraded Hudson Pacific Properties (NYSE: HPP) from Outperform to Market Perform with a price target of $6.00 (from $8.00).

The analyst comments "We downgrade HPP to Market Perform, with a $6 target price. Despite underperforming (-18.0% LTM), we see shares remaining... More