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Vision is the overall outlook of the Company and people-on-board and Target is just the reflections of the vision to achieve those goals.
Vision statement clearly and concisely communicates business overall goals and values which serve as a tool for strategic decision making of the company. Whereas the target is on how the business is expected to perform.
Vision has a long term objective and mainly its the core objective of the firm that wouldn't be change in cost of companies life cycle.
Target is different with its time frame and can be changed according to the different stages of the company life cycle.
Target is a part of mission i.e. the operational activities and vision relates to present, past and future activities of a project.
Vision is ultimate goal for which we have to set some targets on regular basis to achieve it to get the actual vision.
