Roth Mkm reissued their buy rating on shares of Rezolve AI (NASDAQ:RZLV - Free Report) in a research note released on Wednesday morning,Benzinga reports. The firm currently has a $4.00 target price on the stock.
A number of other equities research analysts have also recently commented on the stock. Roth Capital upgraded shares of Rezolve AI to a "strong-buy" rating in a report on Tuesday, December 10th. Maxim Group began coverage on shares of Rezolve AI in a report on Thursday, January 16th. They set a "buy" rating and a $10.00 price target on the stock. D. Boral Capital restated a "buy" rating and issued a $8.00 target price on shares of Rezolve AI in a report on Friday, December 20th. Cantor Fitzgerald assumed coverage on shares of Rezolve AI in a report on Thursday, December 5th. They issued an "overweight" rating and a $5.00 target price on the stock. Finally, Northland Capmk upgraded shares of Rezolve AI to a "strong-buy" rating in a research note on Tuesday, December 17th. Five analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of $6.40.
Read Our Latest Report on RZLV
Rezolve AI Stock Up 8.6 %
Shares of NASDAQ:RZLV traded up $0.13 during trading on Wednesday, reaching $1.65. 2,020,645 shares of the stock traded hands, compared to its average volume of 5,333,042. The firm's 50-day moving average price is $2.34. Rezolve AI has a 52-week low of $1.27 and a 52-week high of $12.29.
Institutional Trading of Rezolve AI
Several institutional investors and hedge funds have recently modified their holdings of RZLV. SBI Securities Co. Ltd. bought a new stake in shares of Rezolve AI during the 4th quarter valued at $38,000. Wolverine Asset Management LLC bought a new stake in shares of Rezolve AI during the 4th quarter valued at $51,000. B. Riley Wealth Advisors Inc. bought a new stake in shares of Rezolve AI during the 4th quarter valued at $88,000. RPO LLC bought a new stake in shares of Rezolve AI during the 4th quarter valued at $108,000. Finally, Two Sigma Investments LP bought a new stake in shares of Rezolve AI during the 4th quarter valued at $110,000. 27.96% of the stock is currently owned by institutional investors.
Rezolve AI Company Profile
(
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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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