Rezolve AI (NASDAQ:RZLV) Now Covered by HC Wainwright
HC Wainwright recently started covering Rezolve AI with a buy rating and a $4.00 price target. This research report was released on Tuesday. Additionally, Maxim Group began coverage on Rezolve AI as well. Other research analysts have also issued reports on the stock. MarketBeat provided information on the coverage.
HC Wainwright began coverage on shares of Rezolve AI (NASDAQ: RZLV) in a research report released on Tuesday morning, MarketBeat reports. The firm issued a buy rating and a $4.00 price target on the stock.
Other Analyst Reports
Other research analysts have also issued reports about the stock. Maxim Group began coverage on shares of Rezolve AI on Thursday, January 16th. They set a “buy” rating and a $10.00 price objective on the stock. D. Boral Capital reiterated a “buy” rating and set a $8.00 price target on shares of Rezolve AI on Friday, December 20th. Northland Securities assumed coverage on Rezolve AI on Wednesday, December 18th, issuing an “outperform” rating and a $5.00 price objective on the stock. Northland Capmk upgraded Rezolve AI to a “strong-buy” rating on Tuesday, December 17th. Finally, Roth Capital raised Rezolve AI to a “strong-buy” rating on Tuesday, December 10th. Six investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $6.00.
Investor Insights
A number of large investors have recently made changes to their positions in the company. Polar Asset Management Partners Inc. acquired a new position in Rezolve AI in the 4th quarter valued at $4,149,000. Jane Street Group LLC bought a new stake in shares of Rezolve AI in the fourth quarter valued at about $1,650,000. Blue Owl Capital Holdings LP acquired a new position in shares of Rezolve AI in the fourth quarter valued at about $670,000. K2 Principal Fund L.P. bought a new position in Rezolve AI during the third quarter worth about $881,000. Finally, Geode Capital Management LLC acquired a new stake in Rezolve AI in the 4th quarter worth about $393,000. 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.
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