Shares of Ubiquiti (NYSE: UI) rallied 7% on Monday as of 12:19 p.m. ET, despite the technology sector largely being deeply in the red today.

Ubiquiti doesn't really move with the indexes, though, as it's not part of most indexes due to its extremely high insider ownership and minimal disclosures. Still, that doesn't mean you should ignore this interesting company, as evidenced by today's move and the stock's long-term performance.

Additionally, the stock got a lift today thanks to a big price target increase from a sell-side analyst.

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Source Fool.com