Rezolve AI (NASDAQ:RZLV) Now Covered by HC Wainwright

HC Wainwright initiated coverage on shares of Rezolve AI (NASDAQ:RZLV) in a research report issued on Tuesday,Benzinga reports. The brokerage set a “buy” rating and a $4.00 price target on the stock. HC Wainwright’s target price would suggest a potential upside of 230.58% from the company’s current price.

Other analysts have also issued research reports about the stock. D. Boral Capital reiterated a “buy” rating and set a $8.00 price objective on shares of Rezolve AI in a research note on Friday, December 20th. Roth Mkm reiterated a “buy” rating and issued a $4.00 price objective on shares of Rezolve AI in a report on Wednesday, March 19th. Northland Securities assumed coverage on Rezolve AI in a research note on Wednesday, December 18th. They set an “outperform” rating and a $5.00 target price for the company. Northland Capmk upgraded Rezolve AI to a “strong-buy” rating in a research note on Tuesday, December 17th. Finally, Maxim Group started coverage on Rezolve AI in a research note on Thursday, January 16th. They set a “buy” rating and a $10.00 price objective for the company. Six 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 MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $6.00.

Rezolve AI Trading Down 7.6 %

Shares of NASDAQ:RZLV opened at $1.21 on Tuesday. The business’s 50-day simple moving average is $2.19 and its 200 day simple moving average is $3.51. Rezolve AI has a one year low of $1.19 and a one year high of $12.29.

Hedge Funds Weigh In On Rezolve AI

Hedge funds have recently bought and sold shares of the company. SBI Securities Co. Ltd. bought a new position in Rezolve AI during the 4th quarter worth approximately $38,000. Wolverine Asset Management LLC acquired a new stake in shares of Rezolve AI during the 4th quarter valued at approximately $51,000. B. Riley Wealth Advisors Inc. bought a new position in Rezolve AI during the fourth quarter worth $88,000. RPO LLC bought a new position in Rezolve AI during the fourth quarter worth $108,000. Finally, Two Sigma Investments LP acquired a new position in Rezolve AI in the fourth quarter worth $110,000. 27.96% of the stock is currently owned by institutional investors and hedge funds.

Rezolve AI Company Profile

Rezolve Ai Ltd. operates in the mobile commerce industry with its cutting-edge engagement platform powered by artificial intelligence and machine learning. It develops AI-based mobile commerce and engagement solutions, simplifying the purchasing process by providing relevant information and facilitating seamless transactions with a single tap.