def METHOD_NAME(target_element):
    name_tag = db_find(target_element, 'db:name')
    name = name_tag.text
    db_refs = {}
    # Get Drugbank target ID
    target_id = db_find(target_element, 'db:id').text
    db_refs['DRUGBANKV4.TARGET'] = target_id
    # Extract other xrefs
    for xref_tag in db_findall(target_element, 'db:polypeptide/'
                               'db:external-identifiers/'
                               'db:external-identifier'):
        resource = db_find(xref_tag, 'db:resource').text
        identifier = db_find(xref_tag, 'db:identifier').text
        if resource == 'HUGO Gene Nomenclature Committee (HGNC)':
            db_refs['HGNC'] = identifier[5:]
        elif resource == 'UniProtKB':
            db_refs['UP'] = identifier
    return get_standard_agent(name, db_refs=db_refs)