Thu May 14 2026, 07:28 AM EDT · 1 minute read An improved Siri could pay off for Apple, eventually - Image Credit: Apple Analysts at investment firm Evercore believe that Apple Intelligence will be a long-term boon for the company, prompting it to raise its target by $35 to $365. Evercore isn't the first firm to bet on Apple Intelligence's future, as Wedbush recently raised its target price to a record $400 on the same expectation. Plus Evercore has remained steadily bullish on Apple, with this latest rise being its fifth since September 2025 . Now in a note to investors seen by AppleInsider , Evercore has analysed every aspect of Apple and its potential in more than 100 pages. It's the sixth year that Evercore has done this deep dive, and the headline for 2026 is that investors should be looking longer term on Apple. Specifically, it concludes that investors are tending to over-concentrate on short term issues such as the ongoing delays to Apple Intelligence, and the current memory and processor shortages .…