Loop Capital analyst Ananda Baruah lowered Apple’s (AAPL) price target to $226 from $230 while maintaining a Hold rating. The firm updated its model to reflect mixed shifts towards specific iPhone models and adjusted average sale prices. Apple revises expectations for the iPhone 17 Air model, now estimated to account for 20% of total unit sales.

Read more at Yahoo Finance: Loop Capital Lowers Price Target on Apple (AAPL) to $226, Maintains Hold