Brokers were as busy as ever this week updating their ratings and valuations for a good number of ASX shares.
Ten that were given the equivalent of buy ratings are listed below. Here's what is being recommended:
Dicker Data Ltd (ASX: DDR)
In response to this computer hardware and software distributor's trading update, Morgan Stanley has upgraded Dicker Data's shares to an overweight rating with an improved price target of $11.00.
Eagers Automotive Ltd (ASX: APE)
This auto retailer released a trading update at its annual general meeting this week. In response, Macquarie retained its outperform rating on the ASX share with a trimmed price target of $27.10.
Goodman Group (ASX: GMG)
The team at Morgans was relatively pleased with this industrial property giant's third-quarter update. In response to the update, the broker reiterated its buy rating with a $36.00 price target.
Guzman Y Gomez Ltd (ASX: GYG)
Ord Minnett is positive on this quick service restaurant operator's decision to exit the US market. It responded to the news by retaining its buy rating with a $31.00 price target.
Life360 Inc. (ASX: 360)
Bell Potter was busy reviewing this location technology company's quarterly update this week. It thinks the post-results selloff was an overreaction and has created a buying opportunity. This is especially the case given its strong growth in paying circles (paid subscribers). Bell Potter put a buy rating and $33.00 price target on Life360's shares.
Liontown Ltd (ASX: LTR)
Over at UBS, its analysts are bullish on this lithium miner. This week, the broker retained its buy rating on Liontown's shares with a $2.70 price target.
Mineral Resources Ltd (ASX: MIN)
This mining and mining services company announced the expansion of its Mt Marion lithium operation last week. Bell Potter was pleased with the plan and has retained its buy rating with an improved price target of $80.50.
Nufarm Ltd (ASX: NUF)
Morgans was pleased with this agricultural chemicals company's half-year results and believes it is "on track to deliver strong underlying EBITDA growth in FY26." As a result, the broker believes Nufarm shares are "materially undervalued" at current levels. It has put a buy rating and $4.15 price target on them.
Paladin Energy Ltd (ASX: PDN)
Macquarie has turned bullish on this uranium producer. This week, the broker upgraded the ASX uranium share to an outperform rating with a $13.25 price target.
Web Travel Group Ltd (ASX: WEB)
UBS responded to this travel technology company's FY 2026 results by retaining its buy rating with a trimmed price target of $4.60. It felt the company delivered a solid result given the challenging finish to the year.
The post 10 ASX shares given buy ratings this week appeared first on The Motley Fool Australia.
Motley Fool contributor James Mickleboro has positions in Goodman Group, Life360, and Web Travel Group Limited. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Goodman Group and Life360. The Motley Fool Australia has positions in and has recommended Dicker Data and Life360. The Motley Fool Australia has recommended Eagers Automotive Ltd and Goodman Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
The Motley Fool's purpose is to help the world invest, better. Click here now for your free subscription to Take Stock, The Motley Fool's free investing newsletter. Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson. 2026