A Moody's rating outlook is an opinion regarding the likely direction of an issuer’s rating over the medium term. Where assigned, rating outlooks commonly fall into the following categories:
Positive (POS)
Negative (NEG)
Stable (STA)
Developing (DEV - contingent upon an event)
In the few instances where an issuer has multiple ratings with outlooks of differing directions, an "(m)" modifier (indicating multiple, differing outlooks) is displayed and Moody's written research describes any differences and provide the rationale for these differences.
RUR (Rating(s) Under Review
This designation indicates that the issuer has one or more ratings under review for possible change, and thus overrides the outlook designation.
NOO (No Outlook)
This value may be displayed when an outlook has not been assigned to an eligible entity.
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