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Inspire Trust Co. N.A. Raises Stock Position in 3M Company $MMM
Inspire Trust Co. N.A. increased its stake in 3M (NYSE:MMM) by 21.9% during the third quarter, bringing its total holdings to 39,000 shares valued at $6.05 million. This makes 3M the fund’s 25th largest holding, representing 1.1% of its portfolio. The article also notes 3M’s recent quarterly earnings beat, increased dividend, and analyst ratings which generally recommend a “Hold” with an average target price of $175.36.