This morning, Barclays raised its price target on shares of the Avis/Budget Group (CAR) to $18 as demand continues to recover in the rental car industry. With the higher price target, Barclays increased its EPS estimates while reiterating its overweight rating.

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Analyst Moves: CAR, CSX, DIS

Avis Budget Group Inc., one of two rental car industry suitors vying for Dollar Thrifty Automotive Group Inc., increased its bid to $1.36 billion for the Tulsa-based company Thursday.

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Rental car giant Avis Budget increases bid for Dollar Thrifty