Hudson Pacific Properties (HPP) shares were down 6% in recent trading Tuesday after Jefferies downgraded its rating to hold from buy.
The firm cut the price target on Hudson's stock to $5 from $5.50.
Trading volume stood at about 2.39 million shares against a daily average of 2.24 million shares.
Price: 4.18, Change: -0.27, Percent Change: -5.97