BofA Maintains $150 Price Target After OpenAI Pullback, Walmart’s 'Sparky' Gains Edge
Bank of America reiterated a Buy rating on Walmart with a $150 price target after OpenAI paused ChatGPT shopping integration, saying Walmart’s 'Sparky' platform could boost visibility in AI searches. Starting March 14, Walmart stores across Arkansas will carry three 7 Brew RTD coffee flavors, including Blondie® and Brunette Brownie™.
1. BofA Reiterates Buy Rating and $150 Target
Bank of America has maintained a Buy rating on Walmart with a $150 price target following OpenAI’s decision to scale back direct shopping in ChatGPT. The firm highlighted that Walmart’s upcoming 'Sparky' platform could secure improved visibility in AI-driven search environments, leveraging the retailer’s extensive product range and pricing strategy.
2. 7 Brew RTD Coffee Debuts in Arkansas Stores
Beginning March 14, Walmart will begin offering three flavors of 7 Brew Ready-to-Drink coffee, including Blondie® and Brunette Brownie™, across its Arkansas locations. This marks 7 Brew’s entry into the RTD category and expands Walmart’s beverage selection in its convenience and grocery aisles.