Rezolve AI (NASDAQ:RZLV - Get Free Report) was upgraded by analysts at Northland Capmk to a "strong-buy" rating in a report issued on Tuesday,Zacks.com reports.
A number of other brokerages have also weighed in on RZLV. Roth Mkm initiated coverage on Rezolve AI in a report on Tuesday, December 10th. They issued a "buy" rating and a $4.00 price objective on the stock. Northland Securities assumed coverage on shares of Rezolve AI in a report on Wednesday. They issued an "outperform" rating and a $5.00 price target on the stock. Roth Capital upgraded shares of Rezolve AI to a "strong-buy" rating in a research note on Tuesday, December 10th. Finally, Cantor Fitzgerald initiated coverage on shares of Rezolve AI in a report on Thursday, December 5th. They issued an "overweight" rating and a $5.00 price objective on the stock. Three equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of $4.67.
Read Our Latest Research Report on Rezolve AI
Rezolve AI Trading Down 18.9 %
NASDAQ:RZLV traded down $0.71 during trading hours on Tuesday, hitting $3.04. 12,866,460 shares of the company were exchanged, compared to its average volume of 3,304,181. The company's 50 day moving average is $3.74. Rezolve AI has a 52-week low of $1.57 and a 52-week high of $12.29.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Rezolve AI stock. K2 Principal Fund L.P. bought a new stake in shares of Rezolve AI Limited (NASDAQ:RZLV - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 131,250 shares of the company's stock, valued at approximately $881,000. K2 Principal Fund L.P. owned approximately 0.08% of Rezolve AI at the end of the most recent reporting period. 27.96% of the stock is owned by institutional investors and hedge funds.
Rezolve AI Company Profile
(
Get Free Report)
Rezolve Limited develops and offers a retail and engagement technology solution that acts as an instant transaction tool for mobile devices. Its tool allows users to discover and purchase goods and services, provide personal details in response to advertising, pay a bill, make a charitable donation, and more through a mobile device.
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