Viasat (VSAT) shares experienced a significant downturn in pre-market trading on Friday, plummeting 5.16% as investors reacted to recent analyst actions. The satellite communications company's stock faced pressure following a revision in price targets by a major financial institution.

Deutsche Bank, a prominent player in the financial sector, adjusted its price target for Viasat from $15 to $14, while maintaining a Buy rating on the stock. This downward revision in the price target, despite the maintained positive outlook, appears to have triggered a sell-off among investors, contributing to the sharp decline in Viasat's stock price.

Despite the current negative sentiment, it's worth noting that the overall analyst consensus on Viasat remains overweight, with a mean price target of $18.57, according to FactSet data. This suggests that while short-term pressures are affecting the stock, some analysts still see potential upside for Viasat in the longer term. However, investors seem to be focusing on the immediate implications of Deutsche Bank's lowered expectations, resulting in the significant pre-market drop.