CQ component - disable target in context menu

http://aemfaq.blogspot.com.au/2013/05/how-to-disable-target-context-menu-in.html

The "target" option in the context menu of a CQ component can be hidden/disable by setting cq:editConfig/cq:disableTargeting to true.

In code level:

<?xml version="1.0" encoding="UTF-8"?>
<jcr:root xmlns:cq="http://www.day.com/jcr/cq/1.0" xmlns:jcr="http://www.jcp.org/jcr/1.0"
    cq:dialogMode="floating"
    jcr:primaryType="cq:EditConfig" cq:disableTargeting="{Boolean}true"/>

Reference: http://forums.adobe.com/message/5334713