Rezolve AI (NASDAQ:RZLV) Coverage Initiated at Northland Securities

Research analysts at Northland Securities assumed coverage on shares of Rezolve AI (NASDAQ:RZLV) in a report issued on Wednesday, MarketBeat.com reports. The brokerage set an “outperform” rating and a $5.00 price target on the stock. Northland Securities’ price target points to a potential upside of 64.47% from the stock’s current price.

Several other analysts have also recently weighed in on RZLV. Roth Mkm initiated coverage on Rezolve AI in a report on Tuesday, December 10th. They set a “buy” rating and a $4.00 price target on the stock. Roth Capital upgraded shares of Rezolve AI to a “strong-buy” rating in a research report on Tuesday, December 10th. Finally, Cantor Fitzgerald began coverage on shares of Rezolve AI in a report on Thursday, December 5th. They set an “overweight” rating and a $5.00 price target on the stock. Three research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $4.67.

Rezolve AI Price Performance

Shares of RZLV opened at $3.04 on Wednesday. Rezolve AI has a 52 week low of $1.57 and a 52 week high of $12.29. The firm has a fifty day moving average price of $3.74.

Institutional Investors Weigh In On Rezolve AI

A hedge fund recently bought a new stake in Rezolve AI stock. K2 Principal Fund L.P. bought a new stake in Rezolve AI Limited (NASDAQ:RZLV) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 131,250 shares of the company’s stock, valued at approximately $881,000. K2 Principal Fund L.P. owned 0.08% of Rezolve AI as of its most recent SEC filing. 27.96% of the stock is currently owned by institutional investors.

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.