Clear Secure price target raised to $68 from $62 at Telsey Advisory

Telsey Advisory raised the firm’s price target on Clear Secure (YOU) to $68 from $62 and keeps an Outperform rating on the shares. Clear reported strong Q1 results, which reflect the continued strength of Clear Plus, the analyst tells investors in a research note. The firm added that it believes Clear is in the early stages of multi-year growth, driven by broadening its biometric digital identity verification technology platform.