AMERICAN COASTAL INSURANCE (NASDAQ:ACIC) Lowered to Hold Rating by Wall Street Zen

AMERICAN COASTAL INSURANCE (NASDAQ:ACIC) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Friday.

AMERICAN COASTAL INSURANCE Stock Performance

Shares of ACIC opened at $10.97 on Friday.

About AMERICAN COASTAL INSURANCE

American Coastal Insurance Corporation operates as a property and casualty insurance holding company that sources, writes, and services residential personal and commercial property, and casualty insurance policies in the United States. The company offers structure, content, and liability coverage for standard single-family homeowners, renters, and condominium unit owners.