A combination three-dimensional archery target and animal decoy has a first body segment which simulates the front portion of an animal, a second body segment which simulates the rear portion of the animal and a pair of replaceable middle body sections which simulate the middle portion of the animal. The replaceable middle body sections include a target middle body section and an ornamental middle body section. The combination three-dimensional archery target and animal decoy can be used as an archery target when the target middle body section is positioned between the first and second body segments and as an animal decoy when the ornamental middle body section is placed between the first and second body segments.