Rezolve AI (NASDAQ:RZLV) Stock Rating Upgraded by Northland Capmk

Rezolve AI (NASDAQ:RZLV) was upgraded by stock analysts at Northland Capmk to a “strong-buy” rating in a report released on Tuesday,Zacks.com reports.

Several other equities research analysts have also issued reports on the company. Northland Securities began coverage on Rezolve AI in a research report on Wednesday. They set an “outperform” rating and a $5.00 target price for the company. Roth Mkm assumed coverage on shares of Rezolve AI in a report on Tuesday, December 10th. They set a “buy” rating and a $4.00 price objective for the company. Cantor Fitzgerald initiated coverage on shares of Rezolve AI in a research note on Thursday, December 5th. They issued an “overweight” rating and a $5.00 target price on the stock. Finally, Roth Capital raised shares of Rezolve AI to a “strong-buy” rating in a research report on Tuesday, December 10th. Three equities research 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.com, Rezolve AI currently has a consensus rating of “Buy” and an average price target of $4.67.

Rezolve AI Stock Down 12.0 %

Shares of NASDAQ RZLV traded down $0.45 during midday trading on Tuesday, reaching $3.30. The company’s stock had a trading volume of 8,158,192 shares, compared to its average volume of 3,244,274. The firm has a 50 day moving average price of $3.81. Rezolve AI has a 12-month low of $1.57 and a 12-month high of $12.29.

Institutional Investors Weigh In On Rezolve AI

An institutional investor recently bought a new position in Rezolve AI stock. K2 Principal Fund L.P. acquired a new stake in shares of Rezolve AI Limited (NASDAQ:RZLV) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 131,250 shares of the company’s stock, valued at approximately $881,000. K2 Principal Fund L.P. owned 0.08% of Rezolve AI at the end of the most recent quarter. Institutional investors own 27.96% of the company’s stock.

Rezolve AI Company Profile

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.