Roth Capital analyst Rohit Kulkarni raised the firm’s price target on Rezolve AI (RZLV) to $9 from $4.25 and keeps a Buy rating on the shares ahead of the first half earnings report on October 1. The firm is “encouraged” by Rezolve’s “rapid expansion” from zero to $70M in annual recurring revenue in less than 10 months. Further, the company’s recent tuck-in acquisitions and investments provide additional catalysts, the analyst tells investors in a research note. Roth believes Rezolve AI “screens well” as a pure-play artificial intelligence software and e-commerce small-cap company for long-term investors.
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