Wells Fargo Analysts Cut Hudson Pacific Properties Price Target

The real estate investment trust's stock rating remains 'overweight' despite the reduced target price.

Apr. 2, 2026 at 2:22pm

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Wells Fargo & Company analysts have lowered their price target for Hudson Pacific Properties (NYSE: HPP) from $18.20 to $13.50, though they maintained an 'overweight' rating on the real estate investment trust's stock. The revised target price represents a potential upside of 147.07% from the stock's previous close.

Why it matters

Hudson Pacific Properties is a major commercial real estate owner and operator focused on the West Coast markets. The analysts' price target reduction reflects broader economic uncertainty and challenges facing the commercial real estate sector, which could impact the company's performance and valuation.

The details

In a research report, Wells Fargo analysts cited the ongoing market conditions and outlook for Hudson Pacific Properties' business as the reasons behind the price target cut. The REIT's stock has declined significantly over the past year, trading near its 52-week low. However, Wells Fargo still sees potential upside in the shares, maintaining an 'overweight' rating.

  • The new price target was issued on April 2, 2026.

The players

Wells Fargo & Company

A major U.S. financial services company that provides banking, investment, and mortgage products.

Hudson Pacific Properties

A real estate investment trust that owns and operates office and studio properties, primarily in West Coast markets.

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The takeaway

The reduced price target for Hudson Pacific Properties reflects the ongoing challenges facing the commercial real estate sector, though the company's 'overweight' rating suggests analysts still see potential upside in the stock despite the near-term headwinds.