Rezolve AI (NASDAQ:RZLV) Upgraded at Northland Capmk

Northland Capmk upgraded shares of Rezolve AI (NASDAQ:RZLV) to a strong-buy rating in a report published on Tuesday,Zacks.com reports.

Other equities research analysts have also issued research reports about the company. Cantor Fitzgerald began coverage on Rezolve AI in a research note on Thursday, December 5th. They set an “overweight” rating and a $5.00 price target on the stock. Roth Capital raised Rezolve AI to a “strong-buy” rating in a report on Tuesday, December 10th. Roth Mkm started coverage on shares of Rezolve AI in a research report on Tuesday, December 10th. They set a “buy” rating and a $4.00 price target for the company. Finally, Northland Securities started coverage on shares of Rezolve AI in a report on Wednesday. They issued an “outperform” rating and a $5.00 price target on the stock. Three equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $4.67.

Rezolve AI Price Performance

Shares of RZLV stock opened at $3.04 on Tuesday. The stock has a fifty day moving average price of $3.74. Rezolve AI has a twelve month low of $1.57 and a twelve month high of $12.29.

Hedge Funds 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 position in shares of Rezolve AI Limited (NASDAQ:RZLV) in the third quarter, according to the company in its most recent Form 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 approximately 0.08% of Rezolve AI as of its most recent SEC filing. 27.96% of the stock is owned by hedge funds and other 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.