Fatpipe initiated with a Buy at D. Boral Capital

D. Boral Capital initiated coverage of Fatpipe (FATN) with a Buy rating and $8 price target FatPipe is a “pioneer” in software-defined wide area networking, secure access service edge, and network optimization technologies that is positioned to benefit from structural demand for more resilient and secure networking infrastructure with its growing portfolio of software-driven networking solutions and “a long operating history in enterprise connectivity,” the analyst tells investors.