Barclays analyst Mathieu Robilliard downgraded ViaSat to Underweight from Equal Weight and cut his price target for the shares to $60 from $75. The analyst sees see continued risk for oversupply in the satellite industry. The sector stock price performance has started to reflect these concerns, apart from ViaSat which has outperformed peers, Robilliard tells investors in a research note. He believes the current stock price reflects assumptions that are too optimistic. ViaSat "could well be one of the winners in the industry but we consider the risk/reward as unattractive," Robilliard writes.