Reported 2 days ago
DA Davidson has maintained its Buy rating and $117 price target for Walmart Inc. (NYSE:WMT) following the retailer's partnership with OpenAI, which allows customers to shop through ChatGPT via the Instant Checkout platform. The firm notes that Walmart is well-positioned to benefit from the growing 'Agentic Commerce' trend due to its scale and proactive adoption of AI technologies. Additionally, Walmart has a strong dividend track record, having raised payouts for 52 consecutive years.
Source: YAHOO