RBC Capital analyst Wilton Fry raised his price target on ViaSat to $52 but kept his Underperform rating, stating that while it is a "very well run growth company", the stock is "priced to perfection". Fry adds that Viasat's reporting history shows a pattern of disappointment and believes that FY19 consensus for EBITDA will have to come down as the company loses market share to Hughes and as its commercial business installation of equipment on aircraft is pushed back. Among the positive catalysts, the analyst points to the company's launch of commercial service of its ViaSat-2 satellite in early February leading to operational improvement.