BMO Capital raised the firm’s price target on Hudson Pacific to $13 from $12 and keeps an Outperform rating on the shares. The firm is adjusting its model after the company completed sale of One Westside and Westside Two, a mall-to-office conversion for Google, to UCLA at a better-than-expected $700M sale price.
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Read More on HPP:
- Hudson Pacific upgraded to Buy from Hold at Jefferies
- Hudson Pacific price target raised to $13 from $11 at BTIG
- Hudson Pacific price target raised to $8 from $4 at Morgan Stanley
- Hudson Pacific price target raised to $11 from $8 at Piper Sandler
- Hudson Pacific jumps 8% after appointing Blackstone’s Michael Nash to Board
