Brian White, an analyst at Drexel Hamilton, says to buy Apple stock ahead of next Friday, when iPhone X preorders start.

Apple shares sagged on Thursday following reports of slashed iPhone 8 production.

White is the most bullish analyst covering Apple.

Apple shares are slipping on Thursday after reports out of Asia suggested the company had cut production orders for the iPhone 8.

But that isn't scaring Brian White, an analyst at Drexel Hamilton, who says to "buy into the iPhone 8 gloom and doom ahead of the iPhone X."

White is the most bullish analyst covering Apple, according to Bloomberg data, with a target of $208, about 33% above its current price of $155.70.

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