Maxim Group Begins Coverage on Rezolve AI (NASDAQ:RZLV)

Investment analysts at Maxim Group initiated coverage on shares of Rezolve AI (NASDAQ:RZLV) in a report released on Thursday, MarketBeat Ratings reports. The firm set a “buy” rating and a $10.00 price target on the stock. Maxim Group’s target price would suggest a potential upside of 252.11% from the stock’s current price.

RZLV has been the topic of several other research reports. Roth Mkm began coverage on Rezolve AI in a research report on Tuesday, December 10th. They set a “buy” rating and a $4.00 price objective on the stock. Roth Capital raised shares of Rezolve AI to a “strong-buy” rating in a research report on Tuesday, December 10th. Cantor Fitzgerald started coverage on shares of Rezolve AI in a report on Thursday, December 5th. They issued an “overweight” rating and a $5.00 price objective for the company. D. Boral Capital reaffirmed a “buy” rating and set a $8.00 target price on shares of Rezolve AI in a report on Friday, December 20th. Finally, Northland Securities began coverage on shares of Rezolve AI in a research report on Wednesday, December 18th. They issued an “outperform” rating and a $5.00 price target for the company. Five investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $6.40.

Rezolve AI Stock Performance

Shares of NASDAQ RZLV opened at $2.84 on Thursday. The business’s 50 day moving average price is $2.94. Rezolve AI has a 1-year low of $1.57 and a 1-year 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 Rezolve AI Limited (NASDAQ:RZLV) during the third quarter, according to 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 about 0.08% of Rezolve AI at the end of the most recent reporting period. 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.