Loop Capital analyst Ananda Baruah keeps a Hold rating and $215 price target on Apple (AAPL) but also notes that the company’s “tariff actions” of pulling phones forward into the March and June quarters provide a “much-needed bridge” into the iPhone 17 launch, for which AAPL just raised their Dec Q shipment view. iPhone average selling prices have also moved higher as the company has instituted increases for the iPhone 17 Pro and iPhone 17 Pro Max of $100-$200, the analyst tells investors in a research note.
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