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S&P ups DTE Energy view
Standard & Poor's said it revised its outlook to positive from stable on DTE Energy Co., DTE Electric Co. and DTE Gas Co.
The outlook revision reflects the company's improving business risk profile that, if sustained, could result in a higher rating within the next 18 months, S&P said. At the same time, S&P affirmed its BBB+ corporate credit ratings on DTE Energy, DTE Electric and DTE Gas.
"The ratings on DTE reflect its consolidated credit profile, including its excellent business risk profile and significant financial risk profile," said S&P credit analyst Gabe Grosberg in a news release.
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