Macquarie upstream RIM Rating: International market remains strong

Sina Science and technology news Beijing time, June 23 morning, eight investment agencies downgraded their sales and earnings forecasts in Rim last week. Macquarie Securities, however, have renewed RIM's rating to "outperform".　　Macquarie Securities analysts set RIM's full-year target price at $40 trillion, and rim's share price is below $29 trillion. Analysts are looking at rim because of declining U.S. market share and a lack of focus on strong international sales growth. But analysts say "markets outside North America are very different, and operators are driving rim rather than other smartphones." "Analysts are increasingly unsure whether rim can withstand the impact of the iphone and Android phones on the international market," he said.　　But Macquarie Securities analysts say the BlackBerry's data processing capabilities are efficient and inexpensive, and are popular in Latin America and the Middle East. Of the 55 analysts who rated rim, 11 recommended buying RIM Equities, 29 said they could hold, and 15 gave a "sell" rating. But Macquarie Securities analysts say they have taken into account the risks that rim faces, which are huge but not invincible. (New Tie)