ViaSat price target lowered to $39 from $41 at Barclays

Barclays analyst Mathieu Robilliard lowered the firm’s price target on ViaSat to $39 from $41 and keeps an Equal Weight rating on the shares. The analyst says the launch of the first Viasat-3 is "finally in sight," which will bring "much needed capacity to restart growth in the satellite division." The firm says a successful launch and commercial activations of the satellites will be key to improve the stock’s risk/reward.