Apple unveils new AI platform with redesigned Siri assistant

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Barclays Reiterates Underweight Rating on Apple (AAPL) Post WWDC 2026, 'not necessarily transformative in AAPL's AI story'

June 9, 2026 4:57 AM EDT

Barclays analyst Tim Long reiterated an Underweight rating and $253.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "We virtually attended the annual Worldwide Developers Conference today. Recall, it's been roughly two years since the introduction of Apple Intelligence and Private Cloud Compute. This year's announcements focused on a revamped Apple Intelligence and new Siri AI, as well as platform improvements, and updates in trust and safety (with a focus on child safety features/... More

Evercore on Apple (AAPL): 'Siri AI should be able to operate across apps'

June 8, 2026 3:44 PM EDT

Evercore ISI analyst Amit Daryanani reiterated an Outperform rating and $365.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "Apple held its annual WWDC keynote earlier today, unveiling a range of new features and updates across its software platforms, with new Apple Intelligence features and Siri AI taking center stage. As we had previewed (link HERE), new Apple AI announcements were made today, including a more personalized Siri, deeper AI integration across Apples operating systems (iOS, iPadOS, macOS, watchOS and visionOS) and a hybrid... More