Edit in JSFiddle

$('#target').on('change', function() {
    $('#rangeValue').html((this.value));
});

<p>
    <label for="target">Target:</label>
    <input name="target" id="target" type="range" min="0" max=".14" step=".01" value="0.07" />
    <label id="rangeValue">0.07</label>
</p>

body { font-family: "Segoe UI", sans-serif; font-size: 11pt; }
p { border-style: solid; border-color: #e2e2e2; border-width: 1px 0; padding: 1em .5em; }
label { margin-right: .5em; vertical-align: top; }
input[type=range] { width: 400px; }
#rangeValue { font-size: 10pt; margin-left: .5em; }