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flag Investors boosted stakes in Xylem Inc. after it beat earnings forecasts and hiked its dividend.

flag Mattern Capital Management and other investors increased their stakes in Xylem Inc., an industrial products company, following its strong fourth-quarter performance. flag Xylem reported earnings of $1.18 per share, exceeding expectations, and raised its quarterly dividend by 10.8% to $0.40 per share. flag Analysts have given Xylem an average "Moderate Buy" rating with a target price of $149.90.

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