Shares of Starlink competitor Viasat pop more than 10% on Deutsche Bank upgrade

Group 1 - The analyst believes the company can create equity value by significantly reducing its debt through asset monetization, with a timeline of 12-18 months for this strategy to fully materialize [1] - Following the analyst's upgrade of the stock from hold to buy, shares of the company surged over 13% in afternoon trading [1] - Year to date, the company's stock has increased approximately 30%, outperforming the S&P 500, which has declined over 2% during the same period [4] Group 2 - The analyst expressed concerns about long-term pressure on the company's core communication services from Starlink, which has been expanding its presence internationally [2] - Starlink has secured partnerships with Indian telecommunications companies to launch its services in India and has also initiated services in Indonesia [3]