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Franklin Resources Inc. Raises Stock Holdings in Pfizer Inc. $PFE
Franklin Resources Inc. significantly increased its stake in Pfizer Inc. by 47.8% during the third quarter, bringing its total holdings to over 25 million shares worth $638.7 million. Several other institutional investors also adjusted their positions in Pfizer. The article provides an overview of Pfizer’s recent financial performance, dividend announcement, analyst ratings, and key recent news updates including positive developments in China and advancements in vaccine trials, alongside some negative and neutral sentiments regarding valuation and competitive risks.