I was wondering if anyone knew how to make something with a look similar to this, or if there was a tutorial somewhere that could get me started? Any help would be great - thanks
well lets ignore the target logo as its a different matter to begin with.
if you have an image and you want this kind of effect, try to deconstruct it.
i can see that theres a layer with lots of red and a bit of yellow and probably some white (or something very bright).
you could make this layer by just grabbing a brush and painting big patches of color, or you could use the clouds filter to get randomised areas of color.
then, you just need to use blending modes - it varies, but things like overlay, hard light, color burn/dodge are good ones to try. Sometimes you’ll need a few layers to build up the effect, and obviously you can adjust the opacity of layers if it’s not quite right.
with huge overexposed areas like the white, i find that sometimes its best to make a separate layer of white patches and blend that separately as you have more tonal control then.
good luck 
