S&P: Roper up, off watch

Standard & Poor's said it raised its ratings, including the corporate credit and issue-level ratings, on Roper Industries Inc. to BBB from BBB-.

At the same time, the agency said it removed all the ratings from CreditWatch with positive implications, where they were placed on Nov. 10. The outlook is stable.

"The rating action reflects our view that Roper continues to benefit from strong end-market demand in several businesses," said S&P credit analyst John Sico in a news release.

"As a result, operating performance is improving much more than we expected," he said.

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