Fair target after company falsified count (7)
I believe the answer is:
coconut
'fair target' is the definition.
(I've seen this before)
'after company falsified count' is the wordplay.
'after' says to put letters next to each other.
'company' becomes 'co' (abbreviation).
'falsified' indicates anagramming the letters.
'count' anagrammed gives 'conut'.
'co'+'conut' is 'COCONUT'.
(Other definitions for coconut that I've seen before include "Fruit at which to shy" , "Shy occupier" , "Large seed; head" , "Seed of a tropical palm" , "cut from the palm?" .)