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But given our earnings forecast increases, we see risk to a further downgrade as low".
The state's credit rating is below average and at some risk of a further downgrade.
The possibility of a further downgrade "scares me," Mr. Southerland said.
It was still an investment grade, but with a negative outlook, meaning a further downgrade was possible.
Moody's also put G.M. on a negative outlook, suggesting a further downgrade to a junk bond rating is possible.
Standard & Poor's, the rating agency, also placed the center on a watch list for possible further downgrade.
Similar(5)
Further downgrades have come since.
The agency said further downgrades were possible.
would be further downgraded by ratings agencies.
"Further downgrades may be avoided," Mr. Pryce said.
It warned that further downgrades may lie ahead.
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CEO of Professional Science Editing for Scientists @ prosciediting.com