Clear Secure price target raised to $37 from $32 at Telsey Advisory

Telsey Advisory raised the firm’s price target on Clear Secure (YOU) to $37 from $32 and keeps an Outperform rating on the shares. The company reported better-than-expected Q2 results, with strength reflecting continued gains as well as new initiatives, greater usage of its tech platform, and solid execution, the analyst tells investors. Overall, the firm believes Clear is in the preliminary stages of multi-year growth.