Rezolve AI (NASDAQ:RZLV) Given “Buy” Rating at HC Wainwright

HC Wainwright reissued their buy rating on shares of Rezolve AI (NASDAQ:RZLV) in a report published on Wednesday,Benzinga reports. They currently have a $4.00 price objective on the stock.

Other equities research analysts have also recently issued research reports about the stock. Northland Securities assumed coverage on shares of Rezolve AI in a research note on Wednesday, December 18th. They set an “outperform” rating and a $5.00 target price on the stock. Maxim Group started coverage on shares of Rezolve AI in a research note on Thursday, January 16th. They set a “buy” rating and a $10.00 target price on the stock. Roth Mkm reiterated a “buy” rating and issued a $4.00 price target on shares of Rezolve AI in a research note on Wednesday, March 19th. Northland Capmk upgraded Rezolve AI to a “strong-buy” rating in a research report on Tuesday, December 17th. Finally, D. Boral Capital reiterated a “buy” rating and set a $8.00 target price on shares of Rezolve AI in a research report on Friday, December 20th. Six analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $6.00.

Rezolve AI Stock Down 4.3 %

NASDAQ RZLV opened at $1.33 on Wednesday. Rezolve AI has a 52 week low of $1.07 and a 52 week high of $12.29. The stock’s 50-day moving average price is $1.78 and its 200-day moving average price is $3.09.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. SBI Securities Co. Ltd. purchased a new stake in shares of Rezolve AI in the fourth quarter worth about $38,000. Wolverine Asset Management LLC purchased a new stake in shares of Rezolve AI during the 4th quarter worth approximately $51,000. B. Riley Wealth Advisors Inc. bought a new position in shares of Rezolve AI during the 4th quarter valued at approximately $88,000. RPO LLC bought a new position in shares of Rezolve AI during the 4th quarter valued at approximately $108,000. Finally, Two Sigma Investments LP bought a new stake in Rezolve AI in the fourth quarter worth $110,000. Hedge funds and other institutional investors own 27.96% of the company’s stock.

About Rezolve AI

Rezolve Ai Ltd. 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.