Clear Secure upgraded to Overweight from Neutral at JPMorgan

JPMorgan upgraded Clear Secure (YOU) to Overweight from Neutral with a price target of $42, up from $35. The firm says Clear has the highest short interest among its smaller cap internet and video game coverage. The company’s estimates have more upside than any company under the group in 2026 and Clear has one of the biggest catalysts with its five-year American Express partnership expiring at June-end., the analyst tells investors in a research note. JPMorgan’s base case is for the Amex partnership to renew at a more favorable rate for Clear.