Piper Sandler has adjusted its price target for Hudson Pacific Properties (HPP, Financial), reducing it from $3.50 to $2.50. This revision comes while maintaining a Neutral rating on the company's shares. The adjustment has been made in anticipation of Hudson Pacific's Q1 2025 earnings report.
The brokerage firm has updated its estimates based on recent announcements and changes in assumptions by Hudson Pacific. These revisions are part of Piper Sandler's broader reflection on recent activities in the capital markets as they pertain to the company.