Check out the companies making the biggest moves midday: SolarEdge Technologies — The solar stock popped 14% following an upgrade to hold from underperform at Jefferies. “We are tactically upgrading SEDG to HOLD, as the escalating ME conflict is triggering a replay of the European energy security dynamics that ‘turbocharged’ SEDG’s business during the Russia-Ukraine war,” analysts at the bank wrote. Insperity — Shares of the HR services platform rallied nearly 11% after Chairman and CEO Paul Sarvadi disclosed the purchase of 205,000 shares this week. OneOK – The oil and gas pipeline company’s shares gained almost 4%. Jefferies upgraded OneOK to buy and lifted its price target to $98 per share, calling for nearly 11% upside from Thursday’s close. Analyst Julien Dumoulin-Smith pointed to the conflict in Iran as a catalyst, noting “The longer the disruption persists, the more the market should reassess structural crude dynamics, which argues for a more constructive outlook for the Bakken [a major oilfield in the U.S.].” SM Energy – The oil and gas exploration and production company saw shares jump close to 9%. JPMorgan issued an overweight rating on the stock a …
