A roundup of tech ratings changes

MercadoLibre (MELI -1.6%) has been cut to Underweight by Morgan Stanley, which cites Venezuela-related concerns. The company's forex accounting for Venezuela, which has seen massive inflation, has been sharply criticized. Shares were hammered two weeks ago following a Q3 miss.

Ikanos (IKAN +10.2%) and Radware (RDWR +5.5%) have been upgraded to Buy by Needham.

Maxim (MXIM +0.8%) has been upgraded to Buy by MKM.

Synchronoss (SNCR -1.6%) has been cut to Neutral by Baird.

Microchip (MCHP -1%) has been cut to Equal Weight by Stephens.

ON Semi (ONNN -1.8%) has been cut to Neutral by MKM.

Overland Storage (OVRL) has been started at Hold by Needham a few days after delivering mixed FQ1 results.

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