Analysts Set Rezolve AI Limited (NASDAQ:RZLV) PT at $6.40

Rezolve AI Limited (NASDAQ:RZLV - Get Free Report) has been given an average rating of "Buy" by the seven research firms that are presently covering the firm, MarketBeat reports. Five analysts have rated the stock with a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $6.40.

Several equities analysts have commented on the company. Roth Capital raised Rezolve AI to a "strong-buy" rating in a research report on Tuesday, December 10th. D. Boral Capital reissued a "buy" rating and set a $8.00 price objective on shares of Rezolve AI in a research report on Friday, December 20th. Cantor Fitzgerald initiated coverage on Rezolve AI in a research report on Thursday, December 5th. They set an "overweight" rating and a $5.00 price objective for the company. Northland Capmk upgraded Rezolve AI to a "strong-buy" rating in a report on Tuesday, December 17th. Finally, Northland Securities initiated coverage on Rezolve AI in a report on Wednesday, December 18th. They set an "outperform" rating and a $5.00 price target for the company.

Hedge Funds Weigh In On Rezolve AI

Several institutional investors and hedge funds have recently modified their holdings of the stock. Wolverine Asset Management LLC purchased a new position in Rezolve AI in the 4th quarter worth about $51,000. K2 Principal Fund L.P. purchased a new position in Rezolve AI in the 3rd quarter worth about $881,000. Polar Asset Management Partners Inc. purchased a new position in Rezolve AI in the 4th quarter worth about $1,699,000. Boothbay Fund Management LLC purchased a new position in Rezolve AI in the 4th quarter worth about $154,000. Finally, Geode Capital Management LLC purchased a new position in Rezolve AI in the 4th quarter worth about $393,000. 27.96% of the stock is currently owned by institutional investors.

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Rezolve AI Trading Up 2.8 %

Rezolve AI stock traded up $0.04 on Wednesday, hitting $1.45. 1,718,024 shares of the stock traded hands, compared to its average volume of 5,521,345. The firm has a fifty day moving average of $2.83. Rezolve AI has a 1 year low of $1.28 and a 1 year high of $12.29.

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.