The term Target Impedance usually means the maximum impedance that an IC vendor expects to measure at the IC power pins. It's the goal. On the other hand, the decoupling wizard analyzes a layout to determine the actual impedance over a frequency range. If we change your question just a little bit to, "can the decoupling wizard predict pre-layout impedance of a PDN?", then the answer is yes. The Target Impedance should be calculated from the IC characteristics or specified by the IC vendor.
Thank you for your reply.
I agree with your terminology and that Ztarget is calculated from specific
such as tolerable ripple levels etc ...
Have you used the Decoupling Wizard to analyse a PDN schematic entered
to determine its actual, pre-layout impedance vs. frequency?
It is reasonable to analyze a preliminary PDN in LineSim. I suggest some practice with the editor on very simple to increasing complexity designs to see how the editor works. Just be careful with the assumption of how closely the result of the preliminary PDN represents the actual design. The actual design always has more holes and cuts that diminish the performance of the PDN.