diff --git a/CHANGELOG.md b/CHANGELOG.md
index 81ca3b90a..85b41a8a0 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -16,6 +16,7 @@
 - Prevent test targets from being set as a scheme's launch action [#835](https://github.com/yonaskolb/XcodeGen/pull/835) @brentleyjones
 - Implicitly include bundles in the Copy Bundle Resources build phase. [#838](https://github.com/yonaskolb/XcodeGen/pull/838) @skirchmeier
 - Fixed dumping a project manifest which contains an array of project references @paciej00
+- Generate correct PBXTargetDependency for external targets. [#843](https://github.com/yonaskolb/XcodeGen/pull/843) @ileitch
 
 ## 2.15.1
 
diff --git a/Sources/XcodeGenKit/PBXProjGenerator.swift b/Sources/XcodeGenKit/PBXProjGenerator.swift
index d973b684c..8d2e504ae 100644
--- a/Sources/XcodeGenKit/PBXProjGenerator.swift
+++ b/Sources/XcodeGenKit/PBXProjGenerator.swift
@@ -413,7 +413,7 @@ public class PBXProjGenerator {
 
         let targetDependency = addObject(
             PBXTargetDependency(
-                target: targetObject,
+                name: targetObject.name,
                 targetProxy: targetProxy
             )
         )
diff --git a/Tests/Fixtures/TestProject/Project.xcodeproj/project.pbxproj b/Tests/Fixtures/TestProject/Project.xcodeproj/project.pbxproj
index b3446959c..ab55cfc7a 100644
--- a/Tests/Fixtures/TestProject/Project.xcodeproj/project.pbxproj
+++ b/Tests/Fixtures/TestProject/Project.xcodeproj/project.pbxproj
@@ -1204,7 +1204,7 @@
 			buildRules = (
 			);
 			dependencies = (
-				7C4CC3918BD0DA1E04A5E2B0 /* PBXTargetDependency */,
+				4FA29DA80DA668224AED741F /* PBXTargetDependency */,
 				0D33D01C71E8002A07F02122 /* PBXTargetDependency */,
 				A94F38390A74E215EC107BB5 /* PBXTargetDependency */,
 				E84285243DE0BB361A708079 /* PBXTargetDependency */,
@@ -2212,6 +2212,11 @@
 			target = 0867B0DACEF28C11442DE8F7 /* App_iOS */;
 			targetProxy = 469D922BE967C6D52ED84552 /* PBXContainerItemProxy */;
 		};
+		4FA29DA80DA668224AED741F /* PBXTargetDependency */ = {
+			isa = PBXTargetDependency;
+			name = ExternalTarget;
+			targetProxy = FF75DC967D1097BC31DCF5E6 /* PBXContainerItemProxy */;
+		};
 		62DA64F61B337719A2CF993D /* PBXTargetDependency */ = {
 			isa = PBXTargetDependency;
 			target = 307AE3FA155FFD09B74AE351 /* App_watchOS Extension */;
@@ -2222,11 +2227,6 @@
 			target = 0636AAF06498C336E1CEEDE4 /* TestFramework */;
 			targetProxy = C42BA4EA0239AF536F0F0993 /* PBXContainerItemProxy */;
 		};
-		7C4CC3918BD0DA1E04A5E2B0 /* PBXTargetDependency */ = {
-			isa = PBXTargetDependency;
-			target = E76A5F5E363E470416D3B487;
-			targetProxy = FF75DC967D1097BC31DCF5E6 /* PBXContainerItemProxy */;
-		};
 		7EFC0278E67CD35F8981993C /* PBXTargetDependency */ = {
 			isa = PBXTargetDependency;
 			target = 578C80E461E675508CED5DC3 /* StaticLibrary_ObjC_macOS */;