Unisys Upgraded By S&P (UIS)
Standard and Poors today has upgraded the rating of Unisys Corp (NYSE: UIS) from B+ to B on account of recent improved performance. The outlook for UIS is set to “stable.’
Martha Toll-Reed, an S&P credit analyst, this particular upgrade is a fair reflection of Unisys’ improved performance over the past nine months. In addition, UIS’s adequate liquidity is a strong shield against potential volatility in earnings.
UIS is trading at $22.45, down 0.18%.
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