Rezolve AI (NASDAQ:RZLV) Upgraded by Northland Capmk to Strong-Buy Rating

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

A number of other brokerages also recently weighed in on RZLV. Roth Capital raised shares of 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 target price for the company. Northland Securities started coverage on shares of Rezolve AI in a report on Wednesday. They issued an “outperform” rating and a $5.00 price objective for the company. Finally, Cantor Fitzgerald began coverage on shares of Rezolve AI in a report on Thursday, December 5th. They set an “overweight” rating and a $5.00 target price on the stock. Three research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Rezolve AI has an average rating of “Buy” and a consensus target price of $4.67.

Rezolve AI Trading Down 17.9 %

NASDAQ RZLV traded down $0.67 during mid-day trading on Tuesday, hitting $3.08. The company’s stock had a trading volume of 7,548,690 shares, compared to its average volume of 3,222,236. The firm’s 50 day moving average price is $3.81. 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

An institutional investor recently bought a new position in Rezolve AI stock. K2 Principal Fund L.P. acquired a new stake in shares of Rezolve AI Limited (NASDAQ:RZLV) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm 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 at the end of the most recent quarter. 27.96% of the stock is owned by 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.