Drexel Hamilton analyst Brian White weighed in on tech giant Apple Inc. (NASDAQ:AAPL), noting that as of this morning, all of the companies in his Apple Monitor have reported June sales and the performance was better than historical averages. With the iPhone 7 supply chain starting to ramp, White expects MoM sales growth to continue this summer.

According to the analyst June sales for the Apple Monitor rose by nearly 2% MoM and better than the average decline of nearly 3% over the past eleven years. Given the increased seasonality around the iPhone, June sales over the past five years for the Apple Monitor have fallen by an average of 6% and also decreased by 6% in June 2015

In addition, White believes that recent pullback in the stock makes Apple even more attractive and a certain buy going forward. He noted, “Given the rising macro concerns and another round of “gloom and doom” circling Apple, the stock has come under more pressure over the past month and we believe represents an attractive buying opportunity. Moreover, our Apple model estimates a bottom in the sales cycle, profit cycle and iPhone unit cycle in the June quarter.” The analyst continued, “Although we recognize the weakness that typically occurs in the late stages of an iPhone cycle can be discouraging, and the macro environment remains more of a headwind than a tailwind, we believe Apple’s valuation remains very attractive and the upcoming iPhone 7 ramp will ultimately return the company back to positive YoY iPhone unit growth by 2Q:FY17 based on our current model.”

White reiterated a Buy rating on shares of Apple, with a price target of $185, which implies an upside of 93% from current levels.

As usual, we like to include the analyst’s track record when reporting on new analyst notes to give a perspective on the effect it has on stock performance. According to TipRanks.com, White has a yearly average return of 7% and a 53% success rate. White has a 18.2% average return when recommending AAPL, and is ranked #201 out of 4013 analysts.

Out of the 54 analysts polled by TipRanks, 41 rate Apple stock a Buy, 11 rate the stock a Hold and 2 recommend Sell. With a return potential of 32.0%, the stock’s consensus target price stands at $126.68.