Rezolve AI (NASDAQ:RZLV) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Rezolve AI (NASDAQ:RZLV) from a sell rating to a hold rating in a research report report published on Friday.

RZLV has been the topic of a number of other research reports. Maxim Group increased their target price on Rezolve AI from $10.00 to $15.00 and gave the company a “buy” rating in a research note on Thursday. HC Wainwright upped their price objective on Rezolve AI from $9.00 to $10.00 and gave the stock a “buy” rating in a report on Thursday. Cantor Fitzgerald increased their price objective on Rezolve AI from $5.00 to $7.00 and gave the company an “overweight” rating in a research report on Thursday. Weiss Ratings restated a “sell (e+)” rating on shares of Rezolve AI in a research report on Saturday, September 27th. Finally, Alliance Global Partners initiated coverage on Rezolve AI in a research note on Friday, August 1st. They issued a “buy” rating and a $8.50 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $9.00.

Rezolve AI Price Performance

RZLV stock opened at $6.79 on Friday. The firm has a 50 day simple moving average of $4.48 and a two-hundred day simple moving average of $2.91. Rezolve AI has a one year low of $1.07 and a one year high of $8.45.

Institutional Investors Weigh In On Rezolve AI

Institutional investors and hedge funds have recently modified their holdings of the stock. Two Sigma Investments LP bought a new stake in shares of Rezolve AI during the 4th quarter valued at about $110,000. FNY Investment Advisers LLC purchased a new stake in Rezolve AI in the first quarter worth about $30,000. Summit Trail Advisors LLC bought a new stake in Rezolve AI during the 1st quarter valued at approximately $40,000. Schechter Investment Advisors LLC purchased a new position in shares of Rezolve AI during the 1st quarter worth approximately $107,000. Finally, SBI Securities Co. Ltd. grew its holdings in shares of Rezolve AI by 192.5% during the 1st quarter. SBI Securities Co. Ltd. now owns 28,883 shares of the company’s stock worth $35,000 after acquiring an additional 19,010 shares during the period. 27.96% of the stock is owned by hedge funds and other institutional investors.

Rezolve AI Company Profile

Rezolve AI Plc operates in the mobile commerce industry with its cutting-edge engagement platform powered by artificial intelligence and machine learning. It develops AI-based mobile commerce and engagement solutions, simplifying the purchasing process by providing relevant information and facilitating seamless transactions with a single tap.