Moody's Revises Amgen's Outlook To Stable From Negative
Portfolio Pulse from Benzinga Newsdesk
Moody's has revised Amgen's credit outlook from negative to stable, indicating improved financial stability for the company.
August 22, 2024 | 7:47 pm
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Moody's has revised Amgen's credit outlook from negative to stable, suggesting an improvement in the company's financial stability and creditworthiness.
The revision of Amgen's credit outlook by Moody's from negative to stable suggests that the company's financial situation has improved. This is likely to be viewed positively by investors, as it indicates reduced risk and potentially better borrowing conditions for Amgen.
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