The parts retailer might have made a slip-up when it mistakenly called the phone in the photo the Motorola Targa. As you know, the Targa-quite possibly to be named the DROID Bionic before launch-bares a strong resemblance to the DROID X. The code name for the DROID 3 is Solana.
While so far the Motorola DROID 3 does not exist according to Verizon and Motorola, the pictures do strongly show a phone that would be everything you would expect the DROID 3 to be with a front-facing camera and a slightly bigger 4 inch screen than the 3.7 inch display from the first two Motorola DROID models.
source: GlobalDirectParts via DroidLife
The Motorola DROID 3 appears to have a slightly increased 4 inch screen, up from the 3.7 inch display from the first two DROID models