Goldman Sachs raised the firm’s price target on Clear Secure (YOU) to $41 from $37 and keeps a Buy rating on the shares after its Q3 results. The company’s bookings and revenue came in above guidance, driven by member growth, product, and pricing performance, with growth trends expected to continue into Q4, the analyst tells investors in a research note. The company also continues to be disciplined around resource allocation, the firm added.
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- Clear Secure price target raised to $38 from $34 at Stifel
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- Clear Secure raises Fy25 free cash flow view to ‘at least’ $320M from $310M
- Clear Secure reports Q3 EPS 29c, consensus 31c
- Clear Secure sees Q4 revenue $234M-$237M, consensus $231.6M
