Rezolve AI’s (RZLV) “Buy” Rating Reaffirmed at Roth Mkm

Roth Mkm restated their buy rating on shares of Rezolve AI (NASDAQ:RZLV) in a research note published on Wednesday,Benzinga reports. They currently have a $4.00 price target on the stock.

Other equities research analysts also recently issued research reports about the stock. Cantor Fitzgerald assumed coverage on shares of Rezolve AI in a research report on Thursday, December 5th. They issued an “overweight” rating and a $5.00 target price for the company. Roth Capital upgraded Rezolve AI to a “strong-buy” rating in a research note on Tuesday, December 10th. Northland Capmk raised Rezolve AI to a “strong-buy” rating in a report on Tuesday, December 17th. D. Boral Capital reiterated a “buy” rating and issued a $8.00 price target on shares of Rezolve AI in a report on Friday, December 20th. Finally, Northland Securities began coverage on Rezolve AI in a research note on Wednesday, December 18th. They set an “outperform” rating and a $5.00 price objective on the stock. Five analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $6.40.

Rezolve AI Price Performance

RZLV stock opened at $1.59 on Wednesday. The stock’s 50 day moving average is $2.40. Rezolve AI has a twelve month low of $1.27 and a twelve month high of $12.29.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. K2 Principal Fund L.P. acquired a new stake in Rezolve AI in the third quarter worth $881,000. Wolverine Asset Management LLC acquired a new stake in shares of Rezolve AI in the 4th quarter worth about $51,000. SBI Securities Co. Ltd. bought a new stake in Rezolve AI in the 4th quarter valued at about $38,000. Periscope Capital Inc. bought a new stake in Rezolve AI in the 4th quarter valued at about $268,000. Finally, WINTON GROUP Ltd acquired a new position in Rezolve AI during the 4th quarter valued at about $279,000. Institutional investors and hedge funds own 27.96% of the company’s stock.

Rezolve AI Company Profile

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.