Walmart Inc.(NYSE:WMT) could benefit afterOpenAIreportedly scaled back plans to enable direct purchases within ChatGPT. Instead, the platform may redirect shoppers to retailer apps for checkout, a shift that could strengthen Walmart's digital ecosystem and drive traffic to its own commerce channels.
According toBank of America Securitiesanalyst Christopher Nardone, the change could reinforce Walmart's position as artificial intelligence reshapes online shopping.
Nardone reiterated a Buy rating on the stock with a price forecast of $150, citing Walmart's AI investments, retail partnerships, and value-focused positioning as key advantages.
AI Infrastructure And Retail Integrations
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