Moody's confirms Rockwell

Moody's Investors Service said it maintains the A3 senior unsecured rating and P-2 commercial paper rating on Rockwell Automation, Inc.

Moody's said the A3 long-term and P-2 short term ratings reflect the company's competitive profile, large installed base of equipment and long-term growth prospects. They also incorporate consistent free cash flow, strong liquidity, modest leverage and a beneficial debt maturity profile, according to the agency.

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