Hudson Pacific Properties Upgraded as Liquidity Mo…
From Barchart: 2025-03-28 17:49:00
BMO Capital upgraded Hudson Pacific Properties (NYSE:HPP) to Outperform with a price target of $5.00, indicating a 66% upside potential. The company has been de-risking its balance sheet, leading to a 53% decline in stock price over the past year. Recent strategic moves such as asset sales and debt financing are stabilizing liquidity through 2026, providing breathing room for operational improvements.
Despite challenges in the office and studio segments, Hudson Pacific’s restructuring efforts are seen as beneficial by analysts. The company’s focus on capital optimization and operational improvements is expected to unlock value across its real estate portfolio. BMO Capital sees valuation support and upside potential as Hudson Pacific continues to navigate through its restructuring strategy.
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