Galena Biopharma Inc. (NASDAQ: GALE) may be the home run that biotech investors are looking for. With an FDA-approved pain medication, a partnership with generic giant Teva Pharmaceuticals and a superior pipeline, the stock may be an acquisition target. Aegis Capital has a $5 price target on the stock, while the consensus is about $4.90. Galena closed on Thursday at $5.16. In recent trading, the stock has seen huge volume increases. Big investors may be building a big position.
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