Apple (AAPL) Price Target Raised as Loop Capital Sees Stronger iPhone 17 Demand
Loop Capital analyst Gary Mobley has raised the price target for Apple (AAPL) to $325.00 from $315.00, reiterating a "Buy" rating. This adjustment is based on updated iPhone estimates, reflecting a "material increase" in anticipated iPhone 17 base model units and incorporating iPhone 18 models into their projections along with lower ASPs. The firm's research indicates a shift in demand, with stronger interest in the iPhone 17 base model compared to previous estimates for Pro/Pro Max models.Maximus ligula eleifend id nisl quis interdum. Sed malesuada tortor non turpis semper bibendum. Ut ac nisi porta, malesuada risus nonrra dolo areay Vestibulum ante ipsum primis in faucibus orci luctus et ultrices posuere cubilia curae in tristique libero, quis ultrices diamraesent varius diam dui. Class aptent taciti sociosqu ad litora torquent per conubia nostra.Maximus ligula eleifend id nisl quis interdum. Sed malesuada tortor non turpis semper bibendum. Ut ac nisi porta, malesuada risus nonVestibulum ante ipsum primis