Dec 12 (Reuters) - :

* Safran SA: Deutsche Bank raises target price to 35 euros from 30

euros; rating buy

* BAE Systems: Deutsche Bank raises target price to 350P from 340P;

rating buy

* EADS: Deutsche Bank raises target price to 42 euros from 40 euros;

rating buy

* Finmeccanica: Deutsche Bank raises target price to 3.1 euros from

2.5 euros; rating sell

* Meggitt: Deutsche Bank raises target price to 445P from 425P;

rating buy

* MTU: Deutsche Bank raises target price to 74 euros from 68 euros;

rating buy

* Rolls-Royce: Deutsche Bank raises target price to 870P from 790P;

rating hold

* Thales: Deutsche Bank cuts target price to 30 euros from 32 euros;

rating hold

* Zodiac: Deutsche Bank raises target price to 92 euros from 83

euros; rating hold

* Ultra Electronics: Deutsche Bank cuts to sell from hold

For a summary of rating actions and price target changes on European companies:

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