Rezolve AI’s (RZLV) Buy Rating Reaffirmed at D. Boral Capital

D. Boral Capital reissued their buy rating on shares of Rezolve AI (NASDAQ:RZLV) in a report issued on Friday morning,Benzinga reports. D. Boral Capital currently has a $8.00 target price on the stock.

RZLV has been the subject of a number of other research reports. Northland Securities began coverage on shares of Rezolve AI in a report on Wednesday. They issued an “outperform” rating and a $5.00 price objective for the company. Roth Capital raised shares of Rezolve AI to a “strong-buy” rating in a research note on Tuesday, December 10th. Roth Mkm initiated coverage on shares of Rezolve AI in a research report on Tuesday, December 10th. They set a “buy” rating and a $4.00 price target on the stock. Cantor Fitzgerald initiated coverage on Rezolve AI in a research report on Thursday, December 5th. They issued an “overweight” rating and a $5.00 price objective for the company. Finally, Northland Capmk raised Rezolve AI to a “strong-buy” rating in a research note on Tuesday. Four research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Rezolve AI presently has a consensus rating of “Buy” and an average price target of $5.50.

Rezolve AI Trading Down 2.6 %

NASDAQ RZLV opened at $2.96 on Friday. Rezolve AI has a fifty-two week low of $1.57 and a fifty-two week high of $12.29. The stock’s fifty day moving average is $3.66.

Institutional Trading of Rezolve AI

A hedge fund recently bought a new stake in Rezolve AI stock. K2 Principal Fund L.P. bought a new position in shares of Rezolve AI Limited (NASDAQ:RZLV) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 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 owned by hedge funds and other institutional investors.

Rezolve AI Company Profile

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.