Rezolve AI initiated with a Buy at Alliance Global Partners

Alliance Global Partners initiated coverage of Rezolve AI (RZLV) with a Buy rating and $8.50 price target The firm’s contacts indicate Rezolve AI’s conversational artificial intelligence technology is among the two or three best technologies focused on e-commerce. The company has already signed enough new business to exit the year at a $70M annual revenue run rate, the analyst tells investors in a research note. Online retail will benefit from AI and Rezolve is positioned to capitalize on this “mega trend,” contends Alliance Global.