Rezolve AI (NASDAQ:RZLV) Given “Buy” Rating at Roth Mkm

Roth Mkm reiterated their buy rating on shares of Rezolve AI (NASDAQ:RZLV) in a report published on Wednesday morning,Benzinga reports. Roth Mkm currently has a $4.00 price target on the stock.

A number of other research firms have also commented on RZLV. Maxim Group started coverage on shares of Rezolve AI in a research note on Thursday, January 16th. They set a “buy” rating and a $10.00 price objective on the stock. Northland Securities assumed coverage on Rezolve AI in a research note on Wednesday, December 18th. They issued an “outperform” rating and a $5.00 price objective on the stock. Northland Capmk raised Rezolve AI to a “strong-buy” rating in a research note on Tuesday, December 17th. Roth Capital upgraded shares of Rezolve AI to a “strong-buy” rating in a research report on Tuesday, December 10th. Finally, D. Boral Capital restated a “buy” rating and set a $8.00 price objective on shares of Rezolve AI in a research report on Friday, December 20th. Five investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $6.40.

Rezolve AI Price Performance

Shares of RZLV opened at $1.59 on Wednesday. The firm has a 50-day moving average of $2.40. Rezolve AI has a 52-week low of $1.27 and a 52-week high of $12.29.

Hedge Funds Weigh In On Rezolve AI

A number of hedge funds and other institutional investors have recently modified their holdings of RZLV. Polar Asset Management Partners Inc. acquired a new stake in Rezolve AI during the 4th quarter worth about $4,149,000. Jane Street Group LLC acquired a new stake in shares of Rezolve AI during the fourth quarter valued at approximately $1,650,000. Blue Owl Capital Holdings LP purchased a new stake in shares of Rezolve AI in the 4th quarter valued at approximately $670,000. K2 Principal Fund L.P. acquired a new position in Rezolve AI in the 3rd quarter worth approximately $881,000. Finally, Geode Capital Management LLC purchased a new position in Rezolve AI during the 4th quarter worth approximately $393,000. Institutional investors and hedge funds own 27.96% of the company’s stock.

About Rezolve AI

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.