Moody's upgrades American Water Works (AWK -1.7%) to Baa1 (Stable) citing expectations of...

|About: American Water Works Compan... (AWK)|By:, SA News Editor

Moody's upgrades American Water Works (AWK -1.7%) to Baa1 (Stable) citing expectations of continued "progress towards enhancing cost recovery." The ratings agency says the company's FFO to debt ratio should improve to "the mid to high-teen's range."