NEW YORK ( TheStreet) -- CHANGE IN RATINGS Centene ( CNC) was downgraded to Hold from Buy at Jefferies. Estimates also lowered on risk in the initial 2013 guidance. Hold rating. Duke Energy ( DUK) was upgraded from Hold to Buy at Deutsche Bank with a $69 price target. Yield continues to look favorable in a low interest rate environment. Exelis ( ELS) was initiated with a Neutral rating and $12 price target at Credit Suisse. Sales will likely bottom out before its peers. First Energy ( FE) was downgraded from Buy to Hold at Deutsche Bank with a $43 price target. P/E ratio remains relatively high. HCA ( HCA) was initiated with an Overweight rating at JP Morgan with a $39 price target. Company is leveraged to industry reform. Hewlett-Packard ( HPQ) was downgraded to Sell at Topeka Capital with an $11.50 price target. Valuation call, as the stock is up 31% over the past month. Kansas City Southern ( KSU) was downgraded from Outperform to Market Perform at FBR Capital Markets with a $75 price target. Company is leveraged to lower coal and grain demand. Raymond James Financial ( RJF) was initiated with a Buy rating at Citigroup with a $44 price target. A B/D that doesn't need rising rates to work. Tenet Healthcare ( TCH) was started with an Overweight rating and new $41 price target at JP Morgan. Company will likely buy back more stock. Trimble ( TRMB) was downgraded to Neutral at Lazard. Company no longer trades at a discount to its peers. Tesla Motors ( TSLA) was initiated with a Neutral rating at JP Morgan. Valuation call, based on a $37 price target. Woodward ( WWD) was downgraded from Outperform to Neutral at Credit Suisse with a $39 price target. Organic growth is slowin and the company lacks near-term visibility.