Rezolve AI (NASDAQ:RZLV) Coverage Initiated at HC Wainwright
Equities researchers at HC Wainwright initiated coverage on shares of Rezolve AI in a recent research note. They gave the stock a "buy" rating and set a price target of $4.00. HC Wainwright's price target suggests a potential upside of 187.77% from the current price. This indicates a positive outlook for the company's stock performance. Investors may take this research report into consideration when evaluating investment opportunities.
Equities researchers at HC Wainwright initiated coverage on shares of Rezolve AI (NASDAQ: RZLV) in a research note issued to investors on Tuesday, as reported by Marketbeat. The firm set a “buy” rating and a $4.00 price target on the stock. HC Wainwright’s price target points to a potential upside of 187.77% from the company’s previous close.
Equities Research Analysts' Reports
Several other equities research analysts have also recently issued reports on the stock:
- Northland Securities assumed coverage on shares of Rezolve AI on December 18th, setting an “outperform” rating and a $5.00 price objective for the company.
- Maxim Group began coverage on Rezolve AI on January 16th, with a “buy” rating and a $10.00 price target for the company.
- Roth Capital upgraded Rezolve AI to a “strong-buy” rating on December 10th.
- Northland Capmk raised Rezolve AI to a “strong-buy” rating on December 17th.
- D. Boral Capital reaffirmed a “buy” rating and issued a $8.00 price target on shares of Rezolve AI on December 20th.
Six research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Rezolve AI has an average rating of “Buy” and an average target price of $6.00.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of RZLV:
- Polar Asset Management Partners Inc. purchased a new stake in shares of Rezolve AI in the fourth quarter valued at about $4,149,000.
- Jane Street Group LLC purchased a new stake in Rezolve AI during the 4th quarter valued at approximately $1,650,000.
- Blue Owl Capital Holdings LP purchased a new stake in Rezolve AI during the 4th quarter valued at approximately $670,000.
- K2 Principal Fund L.P. acquired a new stake in Rezolve AI during the 3rd quarter worth approximately $881,000.
- Geode Capital Management LLC purchased a new position in shares of Rezolve AI in the 4th quarter valued at approximately $393,000. 27.96% of the stock is owned by hedge funds and other institutional investors.
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.
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