Rezolve AI (NASDAQ:RZLV) Coverage Initiated by Analysts at Maxim Group

Equities researchers at Maxim Group initiated coverage on shares of Rezolve AI (NASDAQ:RZLV) in a report issued on Thursday,Briefing.com Automated Import reports. The brokerage set a “buy” rating and a $10.00 price target on the stock. Maxim Group’s price target would suggest a potential upside of 314.94% from the stock’s current price.

Several other research analysts also recently commented on the stock. Roth Mkm started coverage on shares of Rezolve AI in a report on Tuesday, December 10th. They issued a “buy” rating and a $4.00 price target for the company. 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 assumed coverage on Rezolve AI in a research report on Wednesday, December 18th. They set an “outperform” rating and a $5.00 price target for the company. Roth Capital upgraded shares of Rezolve AI to a “strong-buy” rating in a research report on Tuesday, December 10th. Finally, Cantor Fitzgerald started coverage on shares of Rezolve AI in a research report on Thursday, December 5th. They set an “overweight” rating and a $5.00 target price for the company. Five 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 stock currently has a consensus rating of “Buy” and an average price target of $6.40.

Rezolve AI Trading Up 4.3 %

Shares of RZLV stock opened at $2.41 on Thursday. The firm’s fifty day simple moving average is $3.00. Rezolve AI has a 1 year low of $1.57 and a 1 year high of $12.29.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Rezolve AI stock. K2 Principal Fund L.P. acquired a new position in Rezolve AI Limited (NASDAQ:RZLV) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 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 filing with the Securities & Exchange Commission. Institutional investors own 27.96% of the company’s stock.

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.