TECH - Clear Secure Set To Soar In 2024 Emerges As 'Top Pick' For This Analyst | Benzinga
Needham analyst Joshua Reilly maintained a Buy rating on Clear Secure, Inc. (NYSE: YOU) with a price target of $40.
The analyst made Clear Secure his "Top Pick" for 2024 and added it to Needham's Conviction List.
Investors have not adequately modeled the impact of the Family price increases enacted late in 2023, in the analyst's view.
Also Read: Clear Secure Poised for ARPU Growth with Pricing Strategy, Analyst Says
Importantly, he expects the final price increase of $70 to $99 per year ...