Rezolve AI (NASDAQ:RZLV - Get Free Report)'s stock had its "buy" rating reiterated by HC Wainwright in a report issued on Wednesday,Benzinga reports. They presently have a $4.00 price objective on the stock. HC Wainwright's price target points to a potential upside of 185.71% from the company's previous close.
Other equities analysts also recently issued reports about the stock. Northland Capmk upgraded shares of Rezolve AI to a "strong-buy" rating in a research note on Tuesday, December 17th. D. Boral Capital restated a "buy" rating and issued a $8.00 target price on shares of Rezolve AI in a research note on Friday, December 20th. Roth Mkm restated a "buy" rating and issued a $4.00 price objective on shares of Rezolve AI in a research report on Wednesday, March 19th. Northland Securities began coverage on Rezolve AI in a research report on Wednesday, December 18th. They set an "outperform" rating and a $5.00 target price on the stock. Finally, Maxim Group initiated coverage on shares of Rezolve AI in a research note on Thursday, January 16th. They issued a "buy" rating and a $10.00 price target on the stock. Six equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock has an average rating of "Buy" and an average target price of $6.00.
Read Our Latest Stock Report on RZLV
Rezolve AI Stock Up 5.3 %
RZLV traded up $0.07 on Wednesday, hitting $1.40. 2,377,361 shares of the company's stock traded hands, compared to its average volume of 5,117,611. Rezolve AI has a one year low of $1.07 and a one year high of $12.29. The company's 50 day simple moving average is $1.71 and its 200-day simple moving average is $3.02.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. purchased a new stake in shares of Rezolve AI during the fourth quarter worth $38,000. Highbridge Capital Management LLC purchased a new stake in Rezolve AI during the 4th quarter valued at about $286,000. Periscope Capital Inc. purchased a new stake in Rezolve AI during the 4th quarter valued at about $268,000. RPO LLC acquired a new stake in Rezolve AI in the 4th quarter valued at about $108,000. Finally, Wolverine Asset Management LLC purchased a new position in Rezolve AI in the 4th quarter worth approximately $51,000. 27.96% of the stock is owned by institutional investors and hedge funds.
About Rezolve AI
(
Get Free Report)
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.
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