Goldman Boosts Apple Share Target, Exxon at Outperform, Coach Lifted by Baird

Apple Inc. (NASDAQ:AAPL): Apple price target raised to $600 from $550 at Goldman.

Exxon Mobil Corp. (NYSE:XOM): Oppenheimer increased its target on Exxon Mobil, citing investors’ flight to quality in the energy sector. The firm maintains an Outperform rating on the stock.

Coach Inc. (NYSE:COH): Baird raised its price target on Coach following solid Q2 results. The firm cited strong sales and leverage, improved international sales, and continued momentum in North America. Shares are Outperform rated.

Fusion-IO, Inc. (NYSE:FIO): After Fusion-io reported higher than expected Q2 revenue but indicated that its Q3 revenue would remain subdued, ThinkEquity believes that the margin pressure is being caused by “a temporary raw-material supply blip.” The firm maintains a Buy rating on the stock. Morgan Stanely recommends buying Fusion-io ahead of an expected margin recovery in C2Q. Shares are Overweight rated with a $30 price target.

Carlisle Companies Inc.(NYSE:CSL): Baird raised its price target on Carlisle following recent channel checks. The firm cited accelerating volume growth, price increases, and a moderation in commodity costs. Shares remain Outperform rated.

TCF Financial Corporation(NYSE:TCB): After TCF reported lower than expected Q4 EPS, Oppenheimer predicts that the company’s new businesses should begin driving stronger profitability in 2H12. The firm expects multiple expansion to follow and it maintains an Outperform rating.

Amylin Pharmaceuticals, Inc.(NASDAQ:AMLN): Jefferies values Amylin’s international rights to its exenatide franchise at $1.3B, which the firm believes is being undervalued by the Street. The firm keeps a Buy rating on Amylin shares with a $25 price target.

Edison International(NYSE:EIX): FBR Capital calls Edison International a Top Pick on expectations the company will benefit in the near-term from the Cross-State Air Pollution Rule. The firm has an Outperform rating on the stock with a $44 price target.

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com