FULL PRODUCT VERSION :
java version "1.8.0_121"
Java(TM) SE Runtime Environment (build 1.8.0_121-b13)
Java HotSpot(TM) 64-Bit Server VM (build 25.121-b13, mixed mode)

ADDITIONAL OS VERSION INFORMATION :
Doesn't matter. This occurs on all OS's :-)

A DESCRIPTION OF THE PROBLEM :
This is a minor oversight on Joshua Bloch's part. See the javadoc comment for java.lang.ElementType annotation:

 * The constants of this enumerated type provide a simple classification of the
 * syntactic locations where annotations may appear in a Java program. These
 * constants are used in {@link Target java.lang.annotation.Target}
 * meta-annotations to specify where it is legal to write annotations of a
 * given type.

The @link tag should be: {@link java.lang.annotation.Target Target} i.e. swap the II and III arguments.

STEPS TO FOLLOW TO REPRODUCE THE PROBLEM :
None specific.

EXPECTED VERSUS ACTUAL BEHAVIOR :
EXPECTED -
Correct Javadoc with standard Javadoc tool.
ACTUAL -
Slightly incorrect output by the Javadoc tool.

REPRODUCIBILITY :
This bug can be reproduced always.