Loop Capital raised the firm’s price target on Apple (AAPL) to $325 from $315 and keeps a Buy rating on the shares. The firm is updating its iPhone estimates to reflect its unit and average selling price adjustments, the analyst tells investors in a research note. Apple is seeing a material increase in iPhone 17 base model units while seeing a commensurate decrease in iPhone 16 Pro / Pro Max models and iPhone 17 Air model, Loop states, reducing its overall 2025 average selling price view to $921 from $925 but raising its unit estimates to 238.5M from 237.5M.
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