Use conditional formatting, with a value greater than 20% or a custom format
of [Blue][0.2]0%;[Black][<=0.2]0%;General

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HTH

RP
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"mtwelsh72" wrote in message
...
I have a cell that includes a formula for a particular take rate, if that
take rate is over or below the targeted take rate, I would like the font
to
change color.

I'm thinking it is an if statement, for example if goal is 20% and value
is
21% change font to bold blue.

I am using Excel 2003. Thanks!