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flag Nicolet Bankshares sold part of its GSK shares as the pharmaceutical company's stock continues strong performance.

flag Nicolet Bankshares sold 1,569 shares of GSK, reducing its holdings to 25,233 shares worth $853,000. flag GSK's stock rose 36.9% in the third quarter, and the company beat earnings expectations by $0.15 per share in the fourth quarter. flag GSK's market cap is $71.58 billion, with a P/E ratio of 21.75 and a beta of 0.56. flag Analysts have a "Moderate Buy" rating on the stock, with a target price of $43.25.

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