Pacific Crest Downgrades Perfect World To Sector Perform

Analysts at Pacific Crest downgraded Perfect World Co PWRD from Outperform to Sector Perform and removed the price target of $26.00, according to Bloomberg. Perfect World shares have dropped 0.16% over the past 52 weeks, while the S&P 500 index has surged 14.79% in the same period. Perfect World's shares closed at $18.94 on Wednesday.