Leonardo Shares Up 1% After Moody’s Upgrade

Leonardo shares rose over 1% on Monday after Moody’s upgraded its credit rating to Baa2 from Baa3, maintaining a positive outlook.
The rating upgrade reflects Moody’s improved assessment of Leonardo’s financial position and creditworthiness.
Leonardo operates in aerospace, defense and security, manufacturing helicopters, aircraft, electronics systems and other defense equipment; partially owned by the Italian government.