Fri May 08 2026, 07:46 AM EDT · 2 minute read The new Siri is coming Financial analysts at Wedbush have consistently been bullish about Apple, but now has raised its target price by a whopping $50 to $400, making its greatest jump in at least the last five years. Back in April 2025 when Trump's tariffs first struck, Wedbush did cut its Apple price target $325 down to $250, but that was a rare drop. Now it's made a similarly large increase, taking its price target from the $350 it set in December 2025 , to $400. This is the highest price target ever set for Apple by any investment firm, and in a note to investors seen by AppleInsider , the company's analysts attribute it very much to AI. They believe that what Apple will reveal at WWDC 2026 in June will lead to around a fifth of the entire world's population using AI via Apple devices over the next few years. Key to this belief is the recent news that Apple's forthcoming iOS 27 will give users the option of multiple different AI models.…