8 ASX 200 shares with strengthened buy ratings this week

Brokers retained a positive view on NAB, Liontown, Mineral Resources, and other shares this week. 

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S&P/ASX 200 Index (ASX: XJO) shares are 0.9% lower at 8,956.4 points on Thursday.

Brokers have indicated continuing confidence in several ASX 200 shares this week.

Let's take a look.

Green keyboard button saying buy stock.

Image source: Getty Images

National Australia Bank Ltd (ASX: NAB)

The NAB share price is $41.47, up 0.7% today and up 8% over 12 months. 

UBS renewed its buy rating on the ASX 200 bank share with a 12-month price target of $50 today.

This suggests a potential 20% upside ahead.

Liontown Ltd (ASX: LTR)

The Liontown share price is $1.01, down 8.9% today and up 23% over 12 months. 

Morgans reiterated its buy rating on the ASX 200 mining share today.

The broker cut its 12-month price target from $1.70 to $1.40.

This implies potential capital gains of almost 40% ahead.

Mineral Resources Ltd (ASX: MIN)

The Mineral Resources share price is $57.73, up 3.8% today and up 88% over 12 months. 

Mineral Resources was among the 5 best ASX 200 mining shares of FY26 for share price growth.

Bell Potter reaffirmed its buy rating on Mineral Resources shares today.

The broker cut its price target from $83 to $75, suggesting almost 30% upside ahead.

Genesis Minerals Ltd (ASX: GMD)

The Genesis Minerals share price is $5.65, down 5.7% today and up 48% over 12 months. 

Bell Potter renewed its buy rating on the ASX 200 gold share on Thursday.

The broker reduced its 12-month target from $9.75 to $9.20.

This implies a potential 65% lift over the next year.

Droneshield Ltd (ASX: DRO)

The Droneshield share price is $1.81, up 0.8% today and down 43% over 12 months. 

Bell Potter renewed its buy rating on Droneshield shares with a $2.50 target this week.

This suggests a potential near-40% upside ahead.

Electro Optic Systems Holdings Ltd (ASX: EOS)

The Electro Optic Systems share price is $6.26, down 6% today and up 105% over 12 months. 

Canaccord Genuity reiterated its buy rating on the ASX 200 industrial share on Wednesday.

The broker adjusted its price target from $14 to $14.20.

This implies a potential 125% upside ahead.

Lynas Rare Earths Ltd (ASX: LYC)

The Lynas Rare Earths share price is $13.83, down 1.9% today and up 29% over 12 months. 

Canaccord Genuity reiterated its buy rating yesterday with a price target of $21.

This implies potential capital gains of more than 50% ahead.

Domino's Pizza Enterprises Ltd (ASX: DMP)

The Domino's Pizza share price is $19.84, up 10% today and up 7% over 12 months. 

Dominos released an FY26 earnings update and balance sheet review yesterday.

The company said preliminary unaudited underlying net profit after tax (NPAT) was expected to be between $118 million and $122 million, consistent with previous guidance.

UBS renewed its buy rating on the ASX 200 consumer discretionary share.

The broker cut its 12-month price target from $22 to $21.

This implies potential capital growth of 5% over the next year.

Motley Fool contributor Bronwyn Allen has positions in Domino's Pizza Enterprises. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Domino's Pizza Enterprises, DroneShield, and Electro Optic Systems. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has recommended Lynas Rare Earths Ltd. The Motley Fool Australia has recommended Domino's Pizza Enterprises. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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