BMO Capital: 'Walmart (WMT) Deepens Agentic AI Capabilities With Google Partnership'

BMO Capital analyst Kelly Bania reiterated an Outperform rating and $125.00 price target on Walmart (NASDAQ: WMT).

The analyst commented: "WMT Deepens Agentic AI Capabilities With Google Partnership. Walmart's Daniel Danker, EVP, AI Acceleration, Product & Design, presented a keynote. Danker believes WMT will start to deeply address consumer problems in the next year with AI and maintains agentic AI represents a growth opportunity. WMT announced a new partnership with Gemini this past weekend consistent with WMT's plan to be agnostic to AI partners. Google's AI agent will partner with WMT's AI agent to create a more unified shopping experience, allowing users to fully build baskets in a Walmart environment based on items discovered through Gemini. Daniel believes that AI shopping is shifting towards product discovery/ exploration, which we believe should further benefit WMT given its unique combination of wide assortment, speed, and value. No official financial update was shared."

For an analyst ratings summary and ratings history on Walmart click here. For more ratings news on Walmart click here.

Shares of Walmart closed at $120.36 yesterday.

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