Hudson Pacific Properties (HPP) Misses Q3 EPS by 28c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
BTIG Reiterates Buy Rating on Hudson Pacific Properties (HPP)
November 13, 2024 9:40 AM ESTBTIG analyst Thomas Catherwood reiterated a Buy rating and $11.00 price target on Hudson Pacific Properties (NYSE: HPP).
The analyst comments "Make no mistake, HPP is a company in transition: (1) its office portfolio is transitioning from three years of elevated lease expirations (2023-2025) to two years with a below average run rate (2026-2027), (2) its studio business is transitioning from the pandemic-era content creation boom to an era with more fiscally focused productions, and (3) its balance sheet is transitioning from unsecured, investment grade financing to a hybrid of secured mortgages, private placements, and... More
