Rezolve AI’s (RZLV) Buy Rating Reiterated at D. Boral Capital

D. Boral Capital reiterated their buy rating on shares of Rezolve AI (NASDAQ:RZLV) in a report published on Friday morning,Benzinga reports. They currently have a $8.00 target price on the stock.

Several other brokerages also recently issued reports on RZLV. Northland Securities started coverage on Rezolve AI in a research report on Wednesday, December 18th. They issued an “outperform” rating and a $5.00 price objective for the company. Northland Capmk raised Rezolve AI to a “strong-buy” rating in a report on Tuesday, December 17th. Roth Capital upgraded shares of Rezolve AI to a “strong-buy” rating in a research report on Tuesday, December 10th. Cantor Fitzgerald assumed coverage on shares of Rezolve AI in a research report on Thursday, December 5th. They issued an “overweight” rating and a $5.00 price objective for the company. Finally, Roth Mkm started coverage on Rezolve AI in a research note on Tuesday, December 10th. They set a “buy” rating and a $4.00 price target on the stock. Four equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $5.50.

Rezolve AI Price Performance

NASDAQ:RZLV opened at $2.96 on Friday. Rezolve AI has a 1 year low of $1.57 and a 1 year high of $12.29. The firm has a 50 day moving average price of $3.58.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Rezolve AI stock. K2 Principal Fund L.P. purchased a new position in shares of Rezolve AI Limited (NASDAQ:RZLV) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 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. Institutional investors and hedge funds 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.