Rezolve AI (NASDAQ:RZLV) Coverage Initiated by Analysts at Northland Securities

Northland Securities started coverage on shares of Rezolve AI (NASDAQ:RZLV) in a research note released on Wednesday, MarketBeat.com reports. The brokerage issued an outperform rating and a $5.00 price objective on the stock.

Several other brokerages have also issued reports on RZLV. Roth Mkm assumed coverage on Rezolve AI in a research note on Tuesday, December 10th. They set a “buy” rating and a $4.00 price target on the stock. Roth Capital upgraded shares of Rezolve AI to a “strong-buy” rating in a research report on Tuesday, December 10th. Finally, Cantor Fitzgerald began coverage on shares of Rezolve AI in a research note on Thursday, December 5th. They issued an “overweight” rating and a $5.00 target price on the stock.

Rezolve AI Price Performance

RZLV stock opened at $3.75 on Wednesday. The stock has a 50 day moving average of $3.81. Rezolve AI has a fifty-two week low of $1.57 and a fifty-two week high of $12.29.

Institutional Investors Weigh In On Rezolve AI

A hedge fund recently bought a new stake in Rezolve AI stock. K2 Principal Fund L.P. purchased a new stake in Rezolve AI Limited (NASDAQ:RZLV) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 131,250 shares of the company’s stock, valued at approximately $881,000. K2 Principal Fund L.P. owned about 0.08% of Rezolve AI at the end of the most recent reporting period. 27.96% of the stock is owned by institutional investors and hedge funds.

Rezolve AI Company Profile

Rezolve Limited develops and offers a retail and engagement technology solution that acts as an instant transaction tool for mobile devices. Its tool allows users to discover and purchase goods and services, provide personal details in response to advertising, pay a bill, make a charitable donation, and more through a mobile device.