Rezolve AI (NASDAQ:RZLV) Rating Increased to Strong-Buy at Northland Capmk

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

RZLV has been the topic of a number of other reports. Roth Capital raised shares of Rezolve AI to a “strong-buy” rating in a research note on Tuesday, December 10th. Roth Mkm assumed coverage on shares of Rezolve AI in a research report on Tuesday, December 10th. They issued a “buy” rating and a $4.00 target price on the stock. Cantor Fitzgerald began coverage on shares of Rezolve AI in a research note on Thursday, December 5th. They set an “overweight” rating and a $5.00 target price for the company. Finally, Northland Securities assumed coverage on shares of Rezolve AI in a report on Wednesday. They issued an “outperform” rating and a $5.00 target price for the company. Three research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and an average price target of $4.67.

Rezolve AI Stock Down 18.9 %

RZLV stock opened at $3.04 on Tuesday. Rezolve AI has a 1 year low of $1.57 and a 1 year high of $12.29. The firm has a 50 day moving average of $3.74.

Institutional Investors Weigh In On Rezolve AI

A hedge fund recently bought a new stake in Rezolve AI stock. K2 Principal Fund L.P. acquired a new position in shares of Rezolve AI Limited (NASDAQ:RZLV) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 131,250 shares of the company’s stock, valued at approximately $881,000. K2 Principal Fund L.P. owned approximately 0.08% of Rezolve AI at the end of the most recent quarter. 27.96% of the stock is currently owned by hedge funds and other institutional investors.

About Rezolve AI

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.