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- Brown Brothers Harriman analysts say ratings action on Italy are likely in coming weeks.
Brown Brothers Harriman analysts say ratings action on Italy are likely in coming weeks.
"Already Moody's put Italy's AA2 rating on review for downgrade. S&P recently put Italy's A+ rating on negative outlook, which in light of its deteriorating score was not a surprise. Moody's Aa2 rating is most out of line, and we believe several cuts there are justified. Fitch's AA- rating is also too high and may also reexamine Italy in the coming weeks."
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