RBC Capital analyst Wilton Frey initiated ViaSat with an Underperform rating and $42 price target. ViaSat has unrivaled satellite tech heritage and is expected to radically disrupt the satellite market with its ultra-high throughput satellites. However, he is unconvinced due to a combination of issues that include ViaSat's satellite broadband projections that are too optimistic, and a "triple whammy" over the next 15+ years from fixed-line coverage build out, mobile technology, and low earth orbit satellite systems designed to bring global broadband coverage.