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3M Stock Surges on Bernstein Upgrade

Guavy AI Editorial Team
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3M stock traded at USD 170.42 on September 25, 2026, in New York, reflecting a 1.73 percent increase from its previous session reference of USD 167.52.

The company-specific development that drove the market movement was Bernstein's upgrade to Market Perform with a price target raised to USD 171 from USD 145.

Varun Govindaraj, an analyst at Bernstein, highlighted structural improvements in research and development operations as a key factor behind the upgrade.

The broader industrial sector also saw gains, with Caterpillar rising 1.46 percent to USD 817.02 and Illinois Tool Works increasing by 0.90 percent to USD 274.44.

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