Ils ont atteint la cible.

English Translation

They reached the target.

It should be reached not hit.

English Translation

They hit the target.

“hit“ is one of the definitions given by reverso.net for atteindre:
reach, achieve, meet, attain, get, accomplish, hit, fulfil, grow

At atteindre - traduction - Dictionnaire Français-Anglais WordReference.com,
atteindre sa cible = hit your target, hit the mark