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Nicolet Bankshares sold part of its GSK shares as the pharmaceutical company's stock continues strong performance.
Nicolet Bankshares sold 1,569 shares of GSK, reducing its holdings to 25,233 shares worth $853,000.
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.
GSK's market cap is $71.58 billion, with a P/E ratio of 21.75 and a beta of 0.56.
Analysts have a "Moderate Buy" rating on the stock, with a target price of $43.25.
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Nicolet Bankshares vendió parte de sus acciones de GSK a medida que las acciones de la compañía farmacéutica continúan siendo de gran rendimiento.