Following his successful loan spell at the club, the club was able to sign Targett.
He impressed Eddie Howe and the club's new owners, playing every minute of the 16 matches he appeared in after joining on January 31, helping to steer the club away from the danger zone.
There was a deal in place to make the move permanent and the option was activated.
The former England U21 international appeared to express his desire to join the club on a permanent basis when he spoke to NUTV.
Targett signed a four-year contract with the club. It was an easy decision for me to make the loan permanent after the welcome I received from my fellow players, the staff, the supporters and the owners.
After joining on loan in January, Matt made a huge contribution to some excellent team performances.
I'm delighted that he sees his future here because he is a great lad and a top professional.
Laura Hunter works for Sky Sports.
Eddie Howe doesn't think the revolution people expect is going to happen. It wasn't a glowing review of the prospective transfer policy.
Despite being one of the richest clubs in the world, Financial Fair Play will not allow the club to spend a lot of money in the upcoming window. In the month of January, they spent more than £90m.
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With good options in either Dean Henderson or Kepa Arrizabalaga, a goalkeeper is top of the list. Chris Wood is yet to find his scoring boots, and there is a dispute over the attacking options.
To compete at the right end of the table, it is necessary to rebuild the squad over time and develop existing talent.
The expenditure will be proportional to the top half. Howe's emphasis on smart moves should serve the club well in the long run.
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