Crossword Genius

Target a rearranged event on water (7)

Ross

I believe the answer is:

regatta

'event on water' is the definition.

'target a rearranged' is the wordplay.
'rearranged' is an anagram indicator.
'target'+'a'='targeta'
'targeta' anagrammed gives 'REGATTA'.

(Other definitions for regatta that I've seen before include "Race meeting for boats" , "Rowing or sailing event" , "Boat race meeting" , "Boat racing event" , "Aquatic activity" .)

I've seen this clue in The Telegraph.
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