Hudson Pacific Properties' Stock Gains Following Positive Ratings from Wolfe Research
Monday, 18 March 2024, 16:00
Hudson Pacific Properties Stock Upgrade
Analysts at Wolfe Research have upgraded Hudson Pacific Properties, resulting in a rise in the company's stock price. The upgrade comes amid ongoing challenges in the office sector and potential delays in studio recovery.
Analysts' Caution
- Office Fundamentals: Analysts highlight persistent challenges in office sector dynamics.
- Recovery Time: Studios may face a ramp-up period before full recovery.
- Hollywood Strikes Impact: Recent labor strikes in Hollywood are noted as a potential hindrance to growth.
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