December 04, 2012 at 13:18 PM EST
TEXT-S&P assigns NetApp 'BBB+' rating, outlook is stable
Overview -- We are assigning ratings to Sunnyvale, Calif.-based software company NetApp Inc. based on its "satisfactory" business risk position coupled with its "modest" financial risk profile under our criteria. -- We are assigning our 'BBB+' corporate credit rating and stable outlook. -- The stable outlook reflects our expectation that NetApp will maintain its market position and financial profile in line with the current rating over the intermediate term. Rating Action On D
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