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flag Zoetis Inc.'s stock fell despite strong earnings and a dividend, as a major investor sold off shares.

flag Zoetis Inc., an animal health company, saw its shares drop as Angeles Wealth Management sold off part of its holdings. flag Despite this, Zoetis reported strong earnings, beating estimates with $1.48 EPS and a 1.4% increase in revenue. flag The company also declared a $0.50 quarterly dividend. flag Analysts predict a "Moderate Buy" with a target price of $204.63, and Zoetis has a market cap of $67.64 billion.

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