 Jefferies just came pretty close to doubling its price target on Tesla, CNBC has reported. Analyst Philippe Houchois raised Teslas price target to what is known as a Street high. This number is 1,200 and it is a jump from the previous target of 650. The belief is that COVID-19, the disease that many thought was going to harm Tesla and its stock, did the opposite. It accelerated the transition to EVs and renewables. 