Column Chart with colored target range

Not specifically.  But there are a couple workarounds...

This is the worst one because of the scale of the axis changes it could end up wrong.  But you could theoretically insert a box with the color over the chart.  Not recommended, but an option.

The simplest one is to create measures for the upper and lower boundaries of the range and add them in as lines.

if you want to get crazy, you could try an area chart or a stacked column chart  But this would involve having to create measures that build the actual value off the lowest boundary.  But you could set the area below the lowest boundary as completely transparent.  Could get very tricky to work successfully.

Hope this helps!

You can create a color measure and use that in conditional formatting(Advance Control), Choose a field and this measure

example

Color Category = SWITCH(true(),
Max(Sheet1[Category]) in {"A"} && Sheet1[Target]<10,"green",
Max(Sheet1[Category]) in {"B"} && Sheet1[Target]<10,"orange"
"red"
)

Refer : https://docs.microsoft.com/en-us/power-bi/desktop-conditional-table-formatting#color-by-color-values

So when I get you both right there's no way to color a range in the graph, but only to color code the bars or to set min/max lines, correct?

How would I exactly create measures for the upper (85%) and lower (75%) boundaries of the range and add them in as lines?

Thanks for your help!

Sorry, I don't get it though I'd really love to know how you created the dotted lines in your above example.

I'm not able to create a constant value of 75% with the Percentile function and "drop it into the visual" would also need some more words. When I use a combo chart and throw it in as 'line value' I will get a line between distinct data points but would rather like to have an independent line over the entire width of the chart.