Top brokers name 3 ASX shares to buy today

Drinks, tech, and mining are on the menu this week.

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A female broker in a red jacket whispers in the ear of a man who has a surprised look on his face as she explains which two ASX 200 shares should do well in today's volatile climate

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Many of Australia's top brokers have been busy adjusting their financial models again, leading to the release of a number of broker notes this week.

Three ASX shares brokers have named as buys this week are listed below. Here's why they are bullish on them:

Endeavour Group Ltd (ASX: EDV)

According to a note out of Goldman Sachs, its analysts have retained their buy rating on this drinks company's shares with a trimmed price target of $7.00. The broker believes the company's shares have been oversold on recent Victorian gaming restriction news. Particularly given that it feels it is unlikely to have a significant impact on earnings. As a result, it feels this has created an attractive opportunity to buy a clear leader in a staples retailer. The Endeavour share price is trading at $6.08 today.

Life360 Inc (ASX: 360)

A note out of Bell Potter reveals that its analysts have retained their buy rating on this location technology company's shares with an improved price target of $9.25. Bell Potter notes that Life360 will be releasing its half-year results next month. It suspects that the market may be expecting a guidance upgrade. However, it believes that there won't be one with this update, but that there's a strong chance of one coming with its third-quarter update later this year. The Life360 share price is fetching $7.82 on Wednesday.

South32 Ltd (ASX: S32)

Analysts at Morgans have retained their add rating on this mining giant's shares with a trimmed price target of $5.15. This follows the release of a quarterly update that was largely in line with expectations. Though, the US$1.3 billion impairment against the Taylor Deposit in Hermosa was disappointing according to the broker. Nevertheless, it remains positive and feels the miner represents attractive long-term value at current levels. The South32 share price is trading at $3.91 this afternoon.

Motley Fool contributor James Mickleboro has positions in Life360. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group and Life360. The Motley Fool Australia has no position in any of the stocks mentioned. 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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