Apple Inc. (AAPL) has faced skepticism from analysts regarding its new AI features introduced at the Worldwide Developers Conference (WWDC). Barclays has maintained an 'Underweight' rating with a price target of $253, suggesting a 15% discount from its recent closing price. The firm described Apple's AI enhancements, including an improved Siri, as 'interesting though not necessarily transformative,' indicating they are not sufficient to drive a new iPhone upgrade cycle. Similarly, UBS retained a 'Neutral' rating with a price target of $296, stating that while the new features may enhance user experience, they are unlikely to significantly increase iPhone demand, especially with a foldable device launch expected later this year. Apple's AI features, branded as Apple Intelligence, aim to improve Siri's capabilities, but their rollout will not include the European Union or China initially. Following the announcement, AAPL stock experienced its largest single-day drop in nearly three weeks, despite an overall gain of over 11% this year. Retail sentiment has improved to 'neutral' from 'bearish' on Stocktwits, reflecting a rise in message volume.