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ROTH Capital Partners Initiates Coverage on FatPipe (NASDAQ: FATN) with a BUY at $8.00

  • ROTH Capital Partners initiated independent equity research coverage on FatPipe, Inc. (NASDAQ: FATN).
  • ROTH assigned a Buy rating with an $8.00 price target.
  • Vikrant Ragula, VP of Investor Relations and Corp Dev, stated the coverage reflects recognition of FatPipe's technology strength & the value of network resiliency.
  • FatPipe pioneered SD-WAN & hybrid WAN solutions for managing traffic across multiple connections without ISP cooperation.
  • The company offers cybersecurity & network monitoring solutions & holds 13 U.S. patents related to multipath & software-defined networking.
  • FatPipe products are distributed through more than 200 resellers worldwide.
  • The report's ratings & opinions are solely those of ROTH Capital Partners, with FatPipe not endorsing the conclusions.