Pacificcrest awarded the perfect world to win the big market rating

Sina Science and technology news Beijing time August 23, the U.S. investment bank Pacific Crest today released an investment report, giving the perfect world stock "outperform" (outperform) rating, the target price of 39 U.S. dollars. The following is a summary of the report: The Perfect World released its second-quarter earnings today, showing that the company's revenue receipts and earnings per share reached a record 120.6 million dollars and 0.93 dollars respectively, exceeding our expectations. We expect the perfect second quarter revenue and earnings per share to be 109.5 million dollars and 0.60 dollars respectively.　　The strong performance of the perfect World is mainly benefited from the new games and the outstanding performance of the existing game combination, such as "The God of the Devil" and "The Ghost World". The perfect World expects the third-quarter results to be difficult to sustain this growth trend.　　The Company believes that the promotion of some of the existing game mix will be reduced, while the contribution of new games will be reduced. The perfect World plans to release "2 Cents" and "perfect World 2" in the third quarter (Perfect). The new game, "Tian Tu Long kee" will also enter the full public test in September, but it will not make an important contribution to the company's revenue. The perfect world top didn't mention "Xajh" in the Analyst conference call, and we had expected the game to be released in the fourth quarter.　　Given the repeated delays in the release of the "Laughing Pride", it is highly unlikely that it will be available for the year. The perfect world has fluctuated a lot over the past 1.5 hours and may not have a blockbuster in the future, but given its valuations and recent performance, we still give the perfect world stock "outperform" (outperform) rating, with a target price of $39. The risks of a perfect world include macroeconomic conditions, increased competition, price fluctuations, government regulation, and the rising cost of marketing promotion. (Xuan Chen)