Rezolve AI’s (RZLV) “Buy” Rating Reiterated at HC Wainwright

HC Wainwright reissued their buy rating on shares of Rezolve AI (NASDAQ:RZLV) in a research note issued to investors on Wednesday,Benzinga reports. HC Wainwright currently has a $4.00 price objective on the stock.

Other equities analysts have also recently issued research reports about the company. Northland Capmk raised Rezolve AI to a “strong-buy” rating in a research report on Tuesday, December 17th. Maxim Group assumed coverage on Rezolve AI in a research report on Thursday, January 16th. They issued a “buy” rating and a $10.00 price objective for the company. Roth Mkm reiterated a “buy” rating and set a $4.00 target price on shares of Rezolve AI in a research note on Wednesday, March 19th. D. Boral Capital restated a “buy” rating and set a $8.00 price objective on shares of Rezolve AI in a report on Friday, December 20th. Finally, Northland Securities assumed coverage on shares of Rezolve AI in a research note on Wednesday, December 18th. They issued an “outperform” rating and a $5.00 target price for the company. Six equities 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.com, the company has an average rating of “Buy” and an average target price of $6.00.

Rezolve AI Price Performance

Rezolve AI stock opened at $1.40 on Wednesday. Rezolve AI has a fifty-two week low of $1.07 and a fifty-two week high of $12.29. The firm has a fifty day moving average price of $1.71 and a two-hundred day moving average price of $3.02.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Polar Asset Management Partners Inc. bought a new stake in Rezolve AI during the fourth quarter worth about $4,149,000. Jane Street Group LLC acquired a new position in shares of Rezolve AI during the fourth quarter valued at $1,650,000. Blue Owl Capital Holdings LP acquired a new stake in shares of Rezolve AI during the 4th quarter worth approximately $670,000. Geode Capital Management LLC bought a new position in shares of Rezolve AI in the 4th quarter worth $393,000. Finally, NewEdge Advisors LLC bought a new stake in shares of Rezolve AI in the 4th quarter valued at about $386,000. Institutional investors and hedge funds own 27.96% of the company’s stock.

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.