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Fly News Breaks for March 11, 2019
HPP
Mar 11, 2019 | 07:44 EDT
As previously reported, Goldman Sachs analyst Andrew Rosivach upgraded Hudson Pacific to Buy from Neutral and raised its price target to $40 from $37. Rosivach believes Hudson's multiple can expand as the accretion from the in place development pipeline becomes more visible, particularly when the $207M EPEC development in Hollywood comes online starting in Q1 2020.