MRO Software (MROI) was up 44.5% at midday after a post-earnings upgrade from USB Piper Jaffray to buy from neutral. The business and manufacturing software company posted break-even second-quarter results after the close Tuesday, beating analysts' projections of a 3-cent loss, but down from a 15-cent profit in the year-ago period.

The company said it remained on track to meet earnings targets for the year.

Goldman Sachs

also raised its revenue estimate for MRO to include stronger income from services.

TheStreet Recommends