MOST NOTEWORTHY:

• Schering-Plough Corp (NYSE: SGP) was downgraded to Market Perform from Strong Buy at Raymond James, to Neutral from Overweight at HSBC and to Hold from Buy at AG Edwards on valuation.

• HSBC also cut Southwest Airlines Co (NYSE: LUV) to Neutral from Overweight.

• Capital One Financial (NYSE: COF) was cut to Market Perform from Outperform at Freidman Billings and to Neutral from Buy at Merrill Lynch following its first quarter miss.

• Stifel downgraded Robert Half International (NYSE: RHI) to Sell from Hold after its disappointing first quarter report.

• Stifel also cut Heartland Express Inc (NASDAQ: HTLD) to Hold from Buy on valuation.

• Jefferies downgraded shares of RightNow Technologies (NASDAQ: RNOW) to Hold from Buy with a $17 target. William Blair downgraded RightNow to Market Perform from Outperform based on the company's sales organization changes and weak bookings.

• Shares of CBRL Group, Inc (NASDAQ: CBRL) were downgraded at JP Morgan to Neutral from Overweight based on difficult near-term fundamentals and limited visibility.

• Baird cut HNI Corp (NYSE: HNI) to Underperform from Neutral.

• China Eastern Airlines (NYSE: CEA) was downgraded to Sell from Hold at Deutsche Bank.

• Brean Murray downgraded Genitope (NASDAQ: GTOP) to Sell from Hold.

• Sandler O'Neill downgraded shares of Capitol Bancorp Ltd (NYSE: CBC) to Sell from Hold.

Analyst downgrades 4-20-07: CBRL, COF, LUV and SGP downgraded today originally appeared on BloggingStocks on Fri, 20 Apr 2007 11:39:00 EST. Please see our terms for use of feeds.