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Hudson Pacific price target raised to $13 from $12 at BMO Capital

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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