Entropic (ENTR +4.4%) rallies after Needham starts coverage with a Buy and $8 PT, predicting the...

|About: Entropic Communications, Inc. (ENTR)|By:, SA News Editor

Entropic (ENTR +4.4%) rallies after Needham starts coverage with a Buy and $8 PT, predicting the developer of home networking chips can gain set-top box share thanks to its acquisition of Trident Microsystems' set-top chip assets. Entropic soared two weeks ago after preannouncing a strong Q2.