Rezolve AI’s (RZLV) Overweight Rating Reiterated at Cantor Fitzgerald

Cantor Fitzgerald reissued their overweight rating on shares of Rezolve AI (NASDAQ:RZLV) in a research note issued to investors on Wednesday morning, Marketbeat reports. Cantor Fitzgerald currently has a $8.00 price target on the stock.

Several other research firms have also issued reports on RZLV. HC Wainwright reaffirmed a “buy” rating and issued a $10.00 target price on shares of Rezolve AI in a report on Friday, December 19th. Wall Street Zen downgraded Rezolve AI from a “hold” rating to a “sell” rating in a research note on Saturday, October 11th. Maxim Group raised their target price on Rezolve AI from $10.00 to $15.00 and gave the company a “buy” rating in a research report on Thursday, October 2nd. Weiss Ratings reissued a “sell (e+)” rating on shares of Rezolve AI in a report on Wednesday, October 8th. Finally, Northland Securities increased their price target on shares of Rezolve AI from $5.00 to $7.00 and gave the company an “outperform” rating in a research report on Thursday, October 2nd. Seven analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $9.29.

Rezolve AI Price Performance

NASDAQ RZLV opened at $2.85 on Wednesday. Rezolve AI has a 12 month low of $1.07 and a 12 month high of $8.45. The business has a fifty day simple moving average of $3.30 and a 200 day simple moving average of $3.70.

Hedge Funds Weigh In On Rezolve AI

A number of large investors have recently made changes to their positions in RZLV. Ameritas Investment Partners Inc. purchased a new position in Rezolve AI in the 2nd quarter worth $29,000. Hartford Financial Management Inc. bought a new position in shares of Rezolve AI during the second quarter valued at about $31,000. B. Riley Wealth Advisors Inc. purchased a new position in shares of Rezolve AI in the second quarter worth about $31,000. Legal & General Group Plc purchased a new position in shares of Rezolve AI in the second quarter worth about $31,000. Finally, AXQ Capital LP bought a new stake in shares of Rezolve AI in the 3rd quarter valued at about $54,000. 27.96% of the stock is owned by institutional investors.

Rezolve AI Company Profile

Rezolve AI, Inc operates a cloud-based engagement platform that connects physical world touchpoints to digital experiences. Through its proprietary Rezolve platform, the company enables brands and marketers to deploy interactive mobile campaigns triggered by NFC-enabled tags, QR codes, short URLs and other proximity-based technologies. These campaigns facilitate in-the-moment product demonstrations, digital promotions and seamless e-commerce transactions without the need to download a dedicated app.

The company’s platform includes a no-code campaign management portal, real-time analytics dashboard and integration tools for customer relationship management, payment processing and third-party marketing systems.