Lazard Capital Downgrades Entropic Communications to Neutral

Lazard Capital downgraded its rating on Entropic Communications ENTR from Buy to Neutral. At the moment, the rating agency does not have a price target placed on the company's stock. On Wednesday, ENTR closed the day at $6.68. Its shares are having a disastrous session in today's pre-market trading, crushing 24.4% to stand around $5.05.