Improved targets suitable for cutting with an edged weapon are disclosed. In an embodiment the target is a prism made of polyethylene foam with a hole for receiving a peg and an external indicia alerting the practitioner of the depth of the hole and, thereby, what portion of the target may be cut without risk of cutting the peg. In an embodiment the target is comprises a polyethylene foam tube or rod with the exterior cylindrical wall covered by a sheath of material, such as paper, that prevents the foam from bending and thereby increases the rigidity of the target. An improved peg for receiving and positively, but removably, engaging a foam target is also disclosed.