AIG (NYSE:AIG): BMO Capital expects AIG to benefit from improved performances by its P&C and Life businesses. They believe that the company’s ROE target look to be achievable. The firm keeps an Outperform rating on the stock.
Chesapeake Energy (NYSE:CHK): ISI Group says that Chesapeake’s shares have been strong despite lows in natural gas prices and a weakening curve, adding that a reduced cash flow is exacerbating the large funding gap and that a large capital raise is likely. Shares are rated Cautious with a $15 price target.
Dominion (NYSE:D): Barclays views Dominion as a top pick going into the second half of the year due to favorable midstream gas development pipeline, utility growth backlog, and upcoming catalysts that include an expected approval of Cove Point LNG — a resolution to the Virginia rate review and project updates. The shares are Overweight rated.
Diamondback Energy (NASDAQ:FANG): Brean Capital raised its price target on Diamondback Energy to $49 from $43, following its second quarter results. The firm cited lower-than-expected costs and higher-than-expected prices, raising its estimates to reflect its most recent land acquisition. Shares are Buy rated.