It all depends on how you want to do it.
A target bow will not be a hunting bow and a hunting bow will not be a target bow.
Yes you can do both with any bow, the thing with that is you will be using a Caddy as a Chevy (target vrs hunting) as a bow.
I would say take a ride out here, it's not to bad from Worcester, to see Ed Fisher. Ed is great, real nice guy and fair pricing. I've shoot with him for years.
I do all 3, I shoot tradional, target and 3D. I also was the Northeast Shooter for Jennings Bows one year.
I love archery so much that when we built our house I planned a range into my cellar.
I helped out a buddy of mine for years (when he was in biusness), we did the 3D shoot at the Sportsmen Show every year.
Here's Ed's info:
E and J Archery
7 Kings Highway, Westhampton, MA 01027 hours are 10 to 7, six days a week, as well as other hours by appointment. He can be reached at 413-527-5252.
Some other good shops to check out are :
Trader Jan's
http://www.traderjans.com/
Hall's Arrow
http://www.hallsarrow.com/
Archery Talk Forum
http://www.archerytalk.com/vb/