Rezolve AI (NASDAQ:RZLV) Now Covered by Analysts at Maxim Group

Maxim Group assumed coverage on shares of Rezolve AI (NASDAQ:RZLV) in a research report released on Thursday, MarketBeat reports. The brokerage issued a buy rating and a $10.00 price target on the stock.

A number of other equities analysts also recently commented on the stock. D. Boral Capital restated a “buy” rating and issued a $8.00 target price on shares of Rezolve AI in a research note on Friday, December 20th. Northland Securities began coverage on Rezolve AI in a research note on Wednesday, December 18th. They issued an “outperform” rating and a $5.00 price objective on the stock. Northland Capmk raised Rezolve AI to a “strong-buy” rating in a research report on Tuesday, December 17th. Cantor Fitzgerald initiated coverage on Rezolve AI in a report on Thursday, December 5th. They issued an “overweight” rating and a $5.00 target price for the company. Finally, Roth Mkm initiated 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. Five equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, Rezolve AI currently has an average rating of “Buy” and a consensus price target of $6.40.

Rezolve AI Stock Up 24.9 %

NASDAQ:RZLV opened at $3.01 on Thursday. The stock’s fifty day simple moving average is $2.97. Rezolve AI has a twelve month low of $1.57 and a twelve month 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 Rezolve AI Limited (NASDAQ:RZLV) during the third quarter, according to its most recent 13F filing with the SEC. 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 filing with the SEC. 27.96% of the stock is owned by hedge funds and other institutional investors.

About Rezolve AI

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.