In a research report released this morning, Cantor analyst Brian White maintained a Buy rating on Apple (NASDAQ:AAPL) with a $143 price target, which represents a potential upside of 25% from where the stock is currently trading.

White wrote, “Given the initial data points around the Black Friday holiday as it relates to Apple, we believe the stars are aligned for Apple to shine this holiday season. More importantly, we look forward to the good times at Apple continuing into 2015 with the planned introduction of a new product category (i.e., Apple Watch) for the first time since April 2010, a continued iPhone upgrade cycle driven by the larger form factor with the iPhone 6/6 Plus and our expectation of a strong uptake of the new iPhones in China across the three carriers with the ramp of the country’s 4G network.”

The analyst concluded, “With Apple shares trading at 12.3x our CY:15 EPS estimate, we continue to believe the stock has healthy upside over the next year as reflected in our 12-month price target of $143.”

According to TipRanks.com, which measures analysts’ and bloggers’ success rate based on how their calls perform, analyst Brian White has a total average return of 20.0% and a 71.6% success rate. White has a 30.6% average return when recommending AAPL, and is ranked #17 out of 3398 analysts.