Rezolve AI (NASDAQ:RZLV) Receives “Buy” Rating from Roth Mkm

Rezolve AI (NASDAQ:RZLV)‘s stock had its “buy” rating restated by equities researchers at Roth Mkm in a research report issued on Wednesday,Benzinga reports. They presently have a $4.00 price target on the stock. Roth Mkm’s target price would suggest a potential upside of 141.69% from the company’s previous close.

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

Rezolve AI Stock Down 1.5 %

Rezolve AI stock traded down $0.03 during trading hours on Wednesday, reaching $1.66. 614,685 shares of the company were exchanged, compared to its average volume of 6,468,874. Rezolve AI has a 12 month low of $1.27 and a 12 month high of $12.29. The firm has a 50-day moving average price of $2.42.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in RZLV. SBI Securities Co. Ltd. acquired a new stake in shares of Rezolve AI during the 4th quarter worth about $38,000. Wolverine Asset Management LLC bought a new stake in Rezolve AI during the fourth quarter worth about $51,000. B. Riley Wealth Advisors Inc. bought a new stake in Rezolve AI during the fourth quarter worth about $88,000. RPO LLC acquired a new stake in shares of Rezolve AI during the fourth quarter worth approximately $108,000. Finally, Two Sigma Investments LP bought a new position in shares of Rezolve AI in the fourth quarter valued at approximately $110,000. 27.96% of the stock is owned by institutional investors.

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.