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Apple is still 'the most underappreciated stock in the world,' analyst says

Chloe Aiello

Monness, Crespi, Hardt analyst Brian White, who has long been one of Apple's biggest bulls, put a $275 price target on Apple, which on Friday was trading around $208 per share. Meanwhile, mid-cap technology stocks, such as Etsy, Stitch Fix, Roku and Yelp, have outperformed lately, after most experienced a sell-off in early 2018. MKM Partners senior internet analyst Rob Sanderson said smaller-cap names "tend to move up and down a lot" and the gains shouldn't be taken as a sign that bigger technology companies are losing steam.