Goldman Sachs Updates On PWRD

Goldman Sachs has issued an update on Perfect World Co PWRD. According to the report, "Perfect World announced it plans to start another round of testing of its inhouse developed 2D martial arts MMORPG Heaven Sword and Dragon Saber on March 30. Meanwhile, we see minimal impact of the recent Japan earthquake on PWRD." PWRD has a Buy Rating and a $28.00 Price Target. PWRD closed at $21.25 yesterday.