Rezolve AI (NASDAQ:RZLV) Earns Buy Rating from Analysts at Roth Mkm

Roth Mkm assumed coverage on shares of Rezolve AI (NASDAQ:RZLV) in a research note published on Tuesday morning, MarketBeat Ratings reports. The brokerage issued a buy rating and a $4.00 target price on the stock.

Separately, Cantor Fitzgerald initiated coverage on Rezolve AI in a research note on Thursday, December 5th. They issued an “overweight” rating and a $5.00 target price on the stock.

Rezolve AI Price Performance

Shares of RZLV stock opened at $2.07 on Tuesday. The firm’s 50-day moving average is $4.08. Rezolve AI has a 1-year low of $1.57 and a 1-year 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. purchased a new stake in shares of Rezolve AI Limited (NASDAQ:RZLV) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 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 reporting period. Hedge funds and other 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.