Many of Australia's top brokers have been busy adjusting their financial models and recommendations again. This has led to the release of a number of broker notes this week.
Three ASX shares that brokers have named as buys this week are listed below. Here's why their analysts are feeling bullish on them right now:
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CSL Ltd (ASX: CSL)
According to a note out of Citi, its analysts have retained their buy rating and $265.00 price target on this biotechnology giant's shares. This follows news of US tariffs on pharmaceutical products and the resignation of its chief financial officer. Despite the negative news flow, Citi remains positive and believes that investors should be snapping up shares. It also appears to be hopeful that a strong update at its Capital Markets Day could be the key to getting its shares heading in the right direction again. The CSL share price is trading at $198.82 on Wednesday afternoon.
DigiCo Infrastructure REIT (ASX: DGT)
A note out of Macquarie reveals that its analysts have retained their outperform rating and $3.90 price target on this data centre operator's shares. Macquarie believes that DigiCo has an attractive double-digit earnings growth profile over the medium term. In addition, it points out that it has development opportunities that add further upside to its base case. For now, Macquarie is forecasting EBITDA of $168 million by FY 2027. This compares to the $99 million of EBITDA that it recorded in FY 2025. In light of this, Macquarie thinks the market is undervaluing its shares and highlights the relatively undemanding multiples they trade on. The DigiCo share price is fetching $2.69 at the time of writing.
Electro Optic Systems Holdings Ltd (ASX: EOS)
Analysts at Bell Potter have retained their buy rating on this defence and space company's shares with a vastly improved price target of $11.00. According to the note, the broker believes that EOS is positioned as a market leader in counter-UAS solutions. This is particularly the case in directed energy solutions. It also highlights that it is fully leveraged to increases in defence budgets globally, magnified by higher spending allocations to counter-drone technology. This includes the European Union's drone wall, which it feels underscores the critical need for counter-UAS. The EOS share price is trading at $10.20 this afternoon.
