Clear Secure (YOU) Jumps 22.6% After JPMorgan Turns Bullish

Core Insights - Clear Secure, Inc. (NYSE:YOU) experienced a significant stock surge of 22.6% week-on-week, reaching a four-year high, driven by JPMorgan's bullish outlook and a 20% increase in its price target [1][4]. Stock Performance - In a single trading session, Clear Secure's stock peaked at $42.07 before closing at $41.08, reflecting a daily increase of 13.29% [2]. - JPMorgan upgraded the stock rating from "neutral" to "overweight" and raised the price target from $35 to $42, citing optimism about renewing a contract with American Express under better terms [2][3]. Contract Developments - Clear Secure secured a contract with the Centers for Medicare & Medicaid Services (CMS) to modernize identity verification for Medicare beneficiaries and providers [4]. - The contract involves integrating Clear Secure's CLEAR1 platform into CMS for account creation, recovery, and access to healthcare information, set to commence in early 2026 [5].