Rezolve AI (NASDAQ:RZLV) Price Target Raised to $7.00 at Northland Securities

Key Points

• Rezolve AI's price target has been raised from $5.00 to $7.00 by Northland Securities, suggesting a potential upside of 10.08% from its current price.
• Other analysts have set a variety of price targets for Rezolve AI, with HC Wainwright raising theirs to $10.00, Roth Capital setting it at $12.50, and Maxim Group increasing it to $15.00.
• Rezolve AI's shares have experienced significant volatility, reaching a 1-year low of $1.07 and trading up to $6.36 recently, with a total of approximately 37.6 million shares exchanged on Thursday.

Rezolve AI (NASDAQ:RZLV - Get Free Report) had its price objective increased by Northland Securities from $5.00 to $7.00 in a report issued on Thursday,Benzinga reports. The brokerage presently has an "outperform" rating on the stock. Northland Securities' price target would suggest a potential upside of 10.08% from the stock's current price.

Several other equities analysts have also recently issued reports on the company. HC Wainwright boosted their target price on Rezolve AI from $9.00 to $10.00 and gave the stock a "buy" rating in a research report on Thursday. Roth Capital set a $12.50 price objective on Rezolve AI and gave the stock a "buy" rating in a report on Thursday. Cantor Fitzgerald upped their price target on shares of Rezolve AI from $5.00 to $7.00 and gave the stock an "overweight" rating in a research note on Thursday. Alliance Global Partners began coverage on Rezolve AI in a report on Friday, August 1st. They issued a "buy" rating and a $8.50 target price on the stock. Finally, Maxim Group upped their target price on Rezolve AI from $10.00 to $15.00 and gave the company a "buy" rating in a report on Thursday. One analyst has rated the stock with a Strong Buy rating and eight have issued a Buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average target price of $9.00.

Rezolve AI Trading Up 25.7%

Shares of Rezolve AI stock traded up $1.30 on Thursday, reaching $6.36. 37,560,719 shares of the stock were exchanged, compared to its average volume of 9,741,525. Rezolve AI has a 1-year low of $1.07 and a 1-year high of $9.45. The business has a fifty day moving average price of $4.34 and a two-hundred day moving average price of $2.83.

Institutional Trading of Rezolve AI

A number of hedge funds have recently bought and sold shares of RZLV. Two Sigma Investments LP acquired a new stake in shares of Rezolve AI during the fourth quarter worth $110,000. FNY Investment Advisers LLC acquired a new stake in shares of Rezolve AI in the first quarter worth approximately $30,000. Summit Trail Advisors LLC acquired a new stake in shares of Rezolve AI in the first quarter worth approximately $40,000. Schechter Investment Advisors LLC acquired a new stake in shares of Rezolve AI in the first quarter worth approximately $107,000. Finally, SBI Securities Co. Ltd. boosted its holdings in shares of Rezolve AI by 192.5% in the 1st quarter. SBI Securities Co. Ltd. now owns 28,883 shares of the company's stock valued at $35,000 after purchasing an additional 19,010 shares during the last quarter. Institutional investors and hedge funds own 27.96% of the company's stock.

Rezolve AI Company Profile

Rezolve AI Plc 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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