Targalla subocellata is a moth in the family Euteliidae first described by Francis Walker in 1863. It is found in Taiwan, the north-eastern part of the Himalayas, Sundaland, the Philippines, Sulawesi, the southern Moluccas, New Guinea and Queensland.
Subspecies Targalla subocellata subocellata Targalla subocellata pantarcha (Turner, 1922) (Australia, New Guinea, the southern Moluccas and Sulawesi)
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