Analyst Upgrades: General Electric Company, TESARO Inc, and Yelp Inc

Analysts are weighing in on Dow stock General Electric Company (NYSE:GE), biotech TESARO Inc (NASDAQ:TSRO), and online review site Yelp Inc (NYSE:YELP). Here's a quick roundup of today's bullish brokerage notes on GE, TSRO, and YELP.

• GE is up 1.1% at $30.88, Goldman Sachs raised its price target to $29 from $28. Additionally, General Electric Company's financial division -- GE Capital -- was officially removed from the "too big to fail" list. GE stock is up almost 16% over the last 12 months, but its latest rally attempts have been contained in the $31-$32 region. Option traders, meanwhile, have been loading up on puts in recent weeks. The stock's 10-day put/call volume ratio at the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) sits at a top-heavy 1.57, higher than 86% of all other readings from the past year.

• Analysts were quick to chime in on TSRO, after the stock more than doubled in value yesterday -- and hit a record high of $80.69 -- on well-received drug data. At least five brokerage firms issued price-target hikes, including one from Raymond James to $100 from $57. Jefferies, meanwhile, boosted its price target to $75, while also downgrading TSRO to "hold" from "buy." At last check, the stock was off 3.2% at $74.92, after TESARO Inc unveiled a $300 million public stock offering. However, in the wake of Wednesday's surge, TSRO's 14-day Relative Strength Index (RSI) settled at 79, well in overbought territory, suggesting a near-term pullback may have been in the cards.

• YELP ​is up 0.9% at $29.45, after MKM Partners upgraded the stock to "buy" from "neutral," saying a rebound in sales productivity will continue to fuel Yelp Inc's revenue growth. YELP has staged a remarkable recovery over the last few months, with the shares doubling since hitting a three-year low in February. Plus, prior to today, the shares had outperformed the broader S&P 500 Index (SPX) by 45 percentage points over the previous 60 sessions. Should YELP continue this momentum, there's plenty of room for more bullish brokerage notes. Currently, 73% of analysts covering the shares maintain a "hold" or worse rating.